FXstreet.com (Barcelona) - The Pound has opened Asian session at levels around 1.6500, to hit a session high at 1.6550 and drop afterwards to levels right below 1.6455 session low. At the moment, the Pound trades at 1.6475.

Initial support levels lies at 1.6450 (August 20 low), and below here, 1.6420 (Aug 21 low) and 1.6375 (Aug 19 low). On the upside, initial resistance lies at session high 1.6550, and above here, at 1.6600/20 area (Aug 19, 20 and 21 high) and 1.6660 (jun 3 high).

GBP/JPY has risen from levels right below 156.00 to test 156.80 resistance, and failure to break above it has brought the pair back to 156.00. At the moment, the Pound trades at 156.40. Resistance levels are 156.780 and 157.55. Support levels lie at 155.20 and 154.85.

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