FXstreet.com (Barcelona) - Sterling's downtrend from 1.6700 high last week has extended to levels below 1.6200 to hit a fresh 3-week low at 1.6165 ahead of European markets opening; at the moment of writing, the Pound is aiming to re-gain 1.6200.

Initial support level, at the moment lies at 1.6165 session low, and, in case of further depreciation, 1.6125 (Sept 30/Oct 8 highs) and 1.6105 (Sept 1/2 lows). On the upside, resistance levels lie at 1.6250/70, and above here, 1.6315 and 1.6380/85 (Nov 30/Dec 1 low).

GBP/JPY decline from 149.20 high on Friday has extended during Asian session to levels below 143.00, as the Pound hit a fresh one-week low art 142.19. Support levels lie at 142.00/10 and 141.50/60. Resistance levels are 143.35/50 and 144.40.

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