FXstreet.com (Barcelona) - The Pound has entered into an aggressive downward movement at the start of the European stock market session, and has broken key level at 1.4335 and 1.4315, on its way down to 1.4200.

If support level at 1.4200 gives way, the Pound could advance towards 1.4060, 61.8% Fibonacci retracement level from 1.4990 to 1.3292.