FXstreet.com (Barcelona) - The Pound is building up strength after a so far successful rebound at 1.4160 on early European session, the Pound has gained strength to set an assault towards the 1.4300 resistance level.

Successful rise above 1.4300 could increase buying pressure for the Pound and could affirm bottom at 1.4161 on the bearish move from 1.4600 resistance level on Wednesday. On the upside the 1.4350/60 area could offer resistance (Feb 23 and Feb 24 low), and above there, 1.4400 .

On the downside session low remains at 1.4160, and below there, next support level could appear at 1.4121 (Feb 17 low) before 4-week low at 1.4086 (Feb 18 low.)