FXstreet.com (Barcelona) - The Pound advanced on Asian session after bouncing at 1.6285 session low and recovered all the ground lost during U.S. trade., to reach 1.6385 high, where the Sterling has been capped. At the moment, the pair trades at 1.6350.
Initial resistance area lies at 1.6395/00 (Oct 26 high), and above here, 1.6435/45 and 1.6490 (Oct 20 high/Oct 22 low). On the downside, support levels lie at 1.6285 session low, and below here, 1.6240/50 (Oct 19/26 low) and 1.6125 (Sept 30/Oct 8 high).
GBP/JPY recovery from 149.15 low on Monday was capped at 151.15 and the Pound pulled back to consolidate durung Asian session in a range from 150.00 to 1.50.70. Support levels are 150.00 and 149.10. Resistance areas lie at 150.70/80 and 151.15.