FXstreet.com (Barcelona) - The Pound continues dropping against the Yen, during the European session the Pound as reached levels below 135.50 support level (Mar 2 low) on its decline from 140.62 high on Mar 5.

If the Pound consolidates below 135.50, a double top pattern could have been formed; the area between 141.50/70 has been reached twice, in Feb 25 and March 5, with a 135.55 low in between reached on mar 2; a sustained drop below 1.3555, could, therefore, drive the Pound to levels around 130.50.