FXstreet.com (Barcelona) - The Pound continues declining, and after having hot 1.4180 session High in Asian trading hours, the Sterling has tumbled about 200 pips so far breaking below 1.4000, testing mar 2 low at 1.3955.

Below here, the Pound will be at the lowest levels since Jan 26, and next support levels come at 1.3810 (Jan 25 high) and once below here, the path towards 1.3680 would be clear.

On the Upside, the Pound would have to return above 1.4000 and then 1.4040 in order to rise towards 1.4180 and then 1.4235 (Mar 5 high). Once above here, next resistance level comes at 1.4300.