INTRADAY 2

GBP/USD

Pivot: 1.3220

Our preference: long positions above 1.3220 with targets at 1.3260 & 1.3280 in extension.

Alternative scenario: below 1.3220 look for further downside with 1.3200 & 1.3180 as targets.

Comment: a support base at 1.3220 has formed and has allowed for a temporary stabilisation.

NZD/USD

Pivot: 0.6795

Our preference: long positions above 0.6795 with targets at 0.6825 & 0.6840 in extension

Alternative scenario: below 0.6795 look for further downside with 0.6775 & 0.6755 as targets.

Comment: a support base at 0.6795 has formed and has allowed for a temporary stabilisation.