04.02.2013 02:52 GMT+1 - GBP/USD intraday: the downside prevails.
Pivot: 1.5775
Our preference: Short positions below 1.5775 with targets @ 1.567 & 1.5635 in extension.
Alternative scenario: Above 1.5775 look for further upside with 1.58 & 1.5845 as targets.
Comment: the RSI is bearish and calls for further decline.

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