FXstreet.com (Barcelona) - The Pound experienced choppy movements right below 1.6600 resistance after the release of the Federal Reserve's monetary Policy statement, jumping first to 1.6595 intra-day high, to drop to 1.6540 afterwards and return to previous levels 1.6570 about twenty minutes later.

At the moment, the Pound trades right below 1.6600 resistance area (Oct 29 high) and above here, next resistance levels lie at 1.6650 and 1.6695 (Oct 23 high).

On the downside, initial support level lies at 1.6500, and below here, 1.6455 (Now 3 high) and 1.6400.