FXstreet.com (Barcelona) - The Sterling bounced at one-month low at 1.6275 on Monday on its decline from 1.6665 high on August 13 to picked up during Asian session, reaching levels around 1.6400 at the time of writing.

The Pound is launching an assault to 1.6390/00 resistance area, and in case of breaking above there, next resistance levels could be located at 1.6450 and 1.6520 (Aug 17 high). On the downside, support levels lie at 1.6325 intra-day loe, and below here, 1.6265 (Aug 17 low) and 1.6200.

GBP/JPY decline from 163.10 high on August 7, found support on Monday at 153.40, and the Pound bounced during Asian session reaching levels at 155.90 at the time of writing. Resistance levels lie at 155.95 and 157.00. Support levels are 155.00 and 154.00.

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