FXstreet.com (Barcelona) - The Pound has broken through resistance level at 1.4270 after various attempts, on its Monday rally from 1.4152, although the Pound does not seem to be moving strongly in absence of U.S. data.

If the current level holds, the Pound could try to continue on its way up to the 1.4339 area before the 1.4400 level. On The downside, failure to remain above 1.4270, could bring the pound down to 1.4200 before reaching intra-week low at 1.4135.