GBP/USD Intraday: under pressure.

Pivot: 1.3490

Our preference: short positions below 1.3490 with targets at 1.3390 & 1.3340 in extension.

Alternative scenario: above 1.3490 look for further upside with 1.3535 & 1.3580 as targets.

Comment: as long as 1.3490 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.3580

1.3535

1.3490

1.3453 Last

1.3390

1.3340

1.3310