FXstreet.com (Barcelona) - Sterling's decline from 1.3920 intra-day high seems t have found support 200 pips below at 13722 and the pair has regained some ground and crawls towards 1.3822 resistance level.

On the upside, if the Pound manages to break and remain above 1.3822, it could attempt to test intra day high at 1.3920 again. Once above here, Mar 6 low ay 1.4040 would come into focus.

On the downside, reaction below 1.3720, next support level would be yesterday's low at 1.3654, below here The Pound would reach a new six week low and and then long time support line at 1.3500 would come into focus