GBP/USD Intraday Signal: Choppy Action Favored to the Downside Below 1.3490
GBP/USD is currently consolidating below the key pivot level at 1.3490. While the market remains range-bound, the bias is slightly bearish as long as resistance holds. A move lower is likely, with downside targets at 1.3420 and 1.3390. A break above 1.3490 would shift momentum to the upside, targeting 1.3520 and 1.3545.
Enter: 1.3475
SL: 1.3520
Target A: 1.3420
Target B: 1.3390