GBP/USD Intraday: the downside prevails.

Pivot: 1.2210

Our preference: short positions below 1.2210 with targets at 1.2075 & 1.2050 in extension.

Alternative scenario: above 1.2210 look for further upside with 1.2260 & 1.2290 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

1.2290

1.2260

1.2210

1.2136 Last

1.2075

1.2050

1.2025