GBP/USD Intraday: capped by a negative trend line.
Pivot: 1.514
Our preference: Short positions below 1.514 with targets @ 1.503 & 1.4985 in extension.
Alternative scenario: Above 1.514 look for further upside with 1.522 & 1.527 as targets.
Comment: The pair remains capped by a declining trend line.
