FXstreet.com (Barcelona) - After falling around 100 pips after the US opening bell from 1.6520 level, the GBP/USD has broken August 21 low at 1.6520 to trade close to 1.6400 level. The pair is currently trading around 1.6405/15, posting 0.50% daily losses from opening price action.

Valeria Bednarik, Fxstreet.com's collaborator, comments: Despite several attempts since early Asia, pair is unable to regain the 1.6520 strong resistance level. Bearish in the hourly... Clear confirmations under 1.6440, could accelerate the fall in the pair, with 1.6380/1.6400 as next level to watch.