FXstreet.com (Barcelona) - Sterling's decline from 1.4950 level has reached below support at 1.4880 and the Pound advances towards 1.4840 level (Apr 3 high).

Below 1.4845, next support could be found at 1.4770 (Apr 2 high), and below there, 1.4720. On the upside, above 1.4880, next resistance could be net at intra-day high at 1.4950 and 4985 (Feb. 9 high) before1.5000.

GBP/JPY rally from 148.55 has reached as high as 151.55, to drop afterwards to levels right below 150.00.