GBP/USD intraday: intraday support around 1.5050

GBPUSD201352417591Pivot: 1.505

Our preference: Long positions above 1.505 with targets @ 1.5155 & 1.522 in extension.

Alternative scenario: Below 1.505 look for further downside with 1.501 & 1.4955 as targets.

Comment: the pair has rebounded on its new support and remains on the upside.

Key levels
1.526
1.522
1.5155
1.5125 last
1.505
1.501
1.4955