FXstreet.com (Barcelona) - Pound's decline from 1.6410 high on December 16 has found support at 1.5920 area (Dec 22 and 23 low), and the pair bounced up during Asian session, breaking above 1.6000 and reaching 1.6010 area at European session opening.

Resistance levels, above 1.6000, lie at 1.6030 (Dec 21 low), and above here, 1.6050 and 1.6125. On the downside, support levels lie at 1.5920 (Dec 22 and 23 low), and below here, 1.5850 and 1.5825.

GBP/JPY continues trading sideways within a range from 145.90 to 146.70, consolidating after its rally from 142.00 low on December 9. Resistance levels lie at 146.70 and 147.05. On the downside, support levels are 145.75 and 145.45.

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