GBP/USD Intraday: under pressure.

Pivot: 1.3425

Our preference: short positions below 1.3425 with targets at 1.3360 & 1.3330 in extension.

Alternative scenario: above 1.3425 look for further upside with 1.3445 & 1.3470 as targets.

Comment: as long as 1.3425 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.3470

1.3445

1.3425

1.3389 Last

1.3360

1.3330

1.3300