FXstreet.com (Barcelona) - The Pound is rallying above its session high at 1.6845, breaking the top of the consolidation channel between 1.6800 and 1.6845, formed after Monday's rally from 1.6670 was capped at 1.6875.

In case of confirming above 1.6845, next resistance level could be 1.6900 and 1.6950. On the downside, below 1.6845, support levels are 1.6795 (Nov 16 low) and below here, 1.6630 and 1.6570.

GBP/JPY has been moving sideways in a range from 149.60 to 150.10, during Tuesday's Asian session. Resistance levels are 150.45 and 151.15. Support levels lie at 149.00 and 148.20.

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