FXstreet.com (Barcelona) - Pound's decline from 1.6468 high on Sept 23, extended on Thursday and the pair reached a fresh 3-month low at 1.5915 on Friday's Asian session, to bounce to levels above 1.6000 at the moment of writing. The Sterling remains weak, trading below moving averages on the hourly charts.

Resistance levels lie at 1.6060, and above here, 1.6110 (End Aug, start Sept lows) and 1.6200. On the downside, support levels lie at 1.5980 (Jul 8 low) and below here, 1.5940 and 1.5900.

GBP/JPY decline from 150.40 high on September 23 has reached a fresh 4-month low at 144.30, and the Pound has attempted to pick up, although the pair has been capped at 1.4545, and dipped back below 145.00 at the moment of writing. Resistance levels lie at 145.15 and 145.90. Support levels are 1.4430 and 144.00.

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