FXstreet.com (Barcelona) - Pound's rejection from 1.6720 high on Thursday has found support at 1.6515 on early Asian session, and the pair is building up momentum on early European session, reaching levels right above 1.6600.

If the Pound manages to break above 1.6600, next resistance levels could be located at 1.6650 (Dec 1 high) and 1.6720 (Dec 3 high). On the downside, support levels lie at 1.6520 (session low), and below here, 1.6435 and 1.6390 (Dec 1 low).

GBP/JPY rally from 141.60 low on Monday extended yesterday to 146.85, and the pair eased to 145.45 low

during Asian session to pick up to levels around 146.30 at the moment of writing. Resistance levels lie at 146.85 and 147.65. Support levels are 145.45 and 144.95.