FXstreet.com (Barcelona) - The Sterling's rally from 1.6340 low has been capped at 1.6445, and the Pound has reversed aggresively returning to levels below 1.6400 on the back of consumer confidence data, to reach levels at 1.6365 at the time of writing.

On its decline, the Pound could find support at 1.6340 intra-day low, and below there, 1.6325 and 1.6275. On the upside resistance levels remain at 1.6440/50, and above here, 1.6525 and 1.6570.