FXstreet.com (Barcelona) - GBP/USD decline from 1.4955 2-month high, has extended during Tuesday's Asian session reaching 1.4640 support level. At the moment, the Pound seems to be consolidating between the mentioned support and 1.4700, bearish momentum seems to be losing strength and volatility has decreased during the last hours.

In case of further bearish move, below 1.4640, next support levels could be 1.4565 (100-day moving average), and below there, 1.4460 (38.2% Fib retracement of Mar 11 to Apr 6 rally).

On the upside, above 1.4700, next resistance could come at 1.4775 and 1.4880. Above here yesterday's high at 1,4955 would be on sight.

GBP/JPY pulled back from yesterday's high at 151.50, reaching an Asian session low at 146.80, to consolidate afterwards between 147.15 and 148.00.