24.04.2012 02:03 GMT+1 - GBP/USD intraday: bullish bias above 1.607.


Pivot: 1.607
Our preference: Long positions above 1.607 with targets @ 1.6150 & 1.62 in extension.
Alternative scenario: Below 1.607 look for further downside with 1.6035 & 1.6 as targets.
Comment: technically, the RSI is above its neutrality area at 50.

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