GBPUSD

reversal point is at 1,517.

Our preference: Buy above 1.517 with targets 1.5275 and 1,524 points.

Alternative scenario: A break-down level of 1.517 will open the way to 1.5095 and 1.514.

Analysis: RSI loses its bearish trend.

Support and resistance levels:
1,531 **
1.5275 **
1,524 **
The closing price of 1.5208
1,517 **
1.514 ***
1.5095 ***