FXstreet.com (Barcelona) - Pound's recovery from Yesterday's low has been rejected at 1.6285 and the Pound has dropped aggressively, giving away about 200 pips and reaching a fresh session low at 1.6085 at Wall Street opening times.

At the moment, the Pound trades right at 1.6100, with next support levels at 1.6085 and below here, 1.6045 (Jan 4 high) and 1.6020.

On the upside, the pair might find resistance at 1.6200, and above here, 1.6240/45 (session high/Jan 20 low) and 1.6310 (Jan 13/21 high).

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