GBP/USD intraday: 1.3405 expected.

Pivot: 1.3440

Our preference: short positions below 1.3440 with targets at 1.3405 & 1.3385 in extension.

Alternative scenario: above 1.3440 look for further upside with 1.3460 & 1.3480 as targets.

Comment: a break below 1.3405 would trigger a drop towards 1.3385.

Supports and resistances:

1.3480 **

1.3460 **

1.3440 ***

1.3423 Last

1.3405 ***

1.3385 **

1.3365 **