Pivot: 1.332
Most Likely Scenario: Short positions below 1.332 with targets @ 1.324 & 1.32 in extension.
Alternative scenario: Above 1.332 look for further upside with 1.335 & 1.341 as targets.
Comment: The pair has broken below its support and remains on the downside, the RSI is badly directed.
GBP/USD INTRADAY: CAPPED BY A NEGATIVE TREND LINE
Pivot: 1.553
Most Likely Scenario: Short positions below 1.553 with targets @ 1.5435 & 1.54 in extension.
Alternative scenario: Above 1.553 look for further upside with 1.557 & 1.561 as targets.
Comment: The pair has struck against its MT declining trend line and remains under pressure.
GOLD (SPOT) INTRADAY: UNDER PRESSURE.
Pivot: 1692.00
Most Likely Scenario: SHORT positions below 1692 with 1667 & 1650 as next targets.
Alternative scenario: The upside penetration of 1692 will call for 1702 & 1712.
Comment: The RSI is capped by a declining trend line.
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