FXstreet.com (Barcelona) - The Pound hit a fresh intra-week high on early U.S. session on Thursday at 1.6610 to drop afterwards falling below 1.6500 to hit 1.6418 low during Asian session. At the moment, the Pound trades at 1.6450.
The Pound remains capped by 1.6450 support turned resistance, and above here, next resistance areas could be at 1.6500 and 1.6525. On the downside, initial support comes at 1.6420 intra-day low, and below here, 1.6375 (Aug 19 low) and 1.6325 (Aug 18 low).
GBP/JPY retreat from 156.80 high on Thursday has extended on Asian session to levels below 155.00 as the pair dropped to a session low of 153.60. At the moment, the Pound moves at 154.10. Resistance levels lie at 155.70 and 156.80. Support levels are 153.60 and 153.45.