FXstreet.com (Barcelona) - GBP/USD decline from 1.6665 high on Thursday has accelerated during Asian session, as the Pound broke below Aug 12 low at 1.6385, ahead of the European session opening, reaching levels at 1.6365, 0.65% below its day opening level.

In case of sustained decline below 1.6390/00 (Aug 12 low), the Pound could find support at 1.6335 (Jul 30 low) and 16300/10 (Jul 22 low). On the upside, a reaction above 1.6390/00 , next resistance level could be at 1.6460/70, and above here, 1.6515/20.

GBP/JPY has dropped from levels right above 15700 to reach below 155.00 ahead of the European session opening. On a longer perspective, the Pound continued its decline from Aug 7 high at 1643.10. Support levels lie at 153.80 and 152.30. Resistance levels lie at 156.00 and 157.00.

.