FXstreet.com (Barcelona) - Pound broke on Thursday above the previous thee day's channel top at 1.6465 on the back of U.S. GDP data and rose a fresh week-high at 1.6600 to consolidate during Asian session, between 1.6525 and 1.6600.
At the moment the Pound trades at 1.6570 after having bounced from channel low3 at 1.6525, with next resistance levels at 1.6600/10 (Oct 29 low) and above here, 1.6640 (Oct 21 and 22 high) and 1.6695 (Oct 23 high). On the downside, initial support lies at 1.6525 intra-day low) and below here 1.6450/65 (previous week-high) and 1.6360.
GBP/JPY rallied on Thursday from 147.65 low to ht a fresh intra-week high at 151.75, and the pair declined to 150.25 low ahead of the European session opening. Support levels lie at 150.10 and 148.85. Resistance levels are 151.75/90 and 152.45.