FXstreet.com (Barcelona) - The Sterling has given away most of the ground taken on on Monday, GBP/USD has declined from 1.4695 high yesterday to a session low at 1.4550. At the moment, ahead of the European opening bell, the Pound moves at 1.4560; 0.40% below its opening price.

On the downside, immediate support zine lies at 1.4515 (Apr 27 low) and below there, 1.4440 (Apr 23 low) and 1.4395 (Apr 22 low). On the upside resistance areas stand at 1.4615/30, and above here, 1.4650 and 1.4695.

GBP/JPY has dropped sharply during Asian session, from 142.05 high on early U.S. session, the Pound has dropped to the Area immediately above 139.00 ahead of the European session opening. Support levels lie at 138.50 and 136.88. On the upside, resistance levels lie at 140.10 and 142.00.

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