FXstreet.com (Barcelona) - Pound's rebound on 1.6285 intra-day low has extended to levels above 1.6400, and the pair has hit a session high at 1.6435.

The Pound is biased to the upside on intraday studies, heading towards 1.6466, according to Stoyan Mihaylov, technical analyst at Deltastock.com: Intraday bias is positive for 1.6401, en route to 1.6466 with a risk limit below 1.6305. A break below 1.6305 should be considered as a confirmation, that the sell towards 1.6130 is already on the run.

Resistance levels above 1.6401, according to Mihaylov, lie at 1.6490 and 1.6752. On the downside support levels lie at 1.6305, 1.6250 and 1.6130.