FXstreet.com (Barcelona) - Pound's rally from 1.5800 low on Friday has extended to a fresh session high at 1.6048 high on Tuesday after better than expected UK Halifax housing prices index, to ease later to current levels around 1.6020.

Resistance levels, above 1.6025, lie at 1.6125 (Sept 30 high), and above here, 1.6200 and 1.6350. On the downside, support levels remain at 1.5925 session low and below here, 1.5880 and 1.5770 (Sept 28 low).

UK Halifax housing Prices Index have advanced 1.6% in September while they fell 7.4% year on year, beating experts expectations of a 1.0% monthly advance and a 7.7% year on year decline.

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