FXstreet.com (Barcelona) - Pound's rebound on 1.6235 Monday's low brought the pair above 1.6400 Friday's high at 1.6400 during U.S. session, to reach a session high at 1.6445 moments ahead of Frankfurt opening times.

At the moment, the Pound trades at 1.6420, with next resistance area at 1.6445/65 (Intra-day high/ Sept 23 high), and above here, 1.6500 and 1.6530 (61.8 retracement of the Aug- Oct fall). On the downside, support levels lie at 1.6365/75, and below here, 1.6310 and 1.6280.

GBP/JPY pullback from 2-week high at 1.4930 found support on Monday at 147.10, and the pair returned to the previous range, between 1.4765 and 1.4900. At the moment of writing, the Pound trades at 148.00. Support levels are 147.65 and 147.05. Resistances lie at 149.30 and 149.55.

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