Gbp continued falling against major rivals, approaching to the 1.4700 zone, following a down turn in market sentiment, after U.S. stocks fell more than 110 points since opening. The pair has lost almost a 1% since Asian opening, and continues pushing lower. From a technical perspective, indicators in 4 hours charts had turn bearish, but still actual movements could well be understood as a correction, as long as the pair remains above the 1.4680 zone, where lies the 20 SMA pointing to the upside.
Gbp/Jpy also lost ground since Asian opening, and quotes at 148.15, setting a fresh intraday low. Supports from actual price will be at 147.66, the tough maximum and minimums congestion zone around 147.30 and the psychological 147.00 level. Resistances lays at 1.4774, 1.4850 and 1.4910 zone.