FXstreet.com (Barcelona) - The Sterling's attempt to break below 1.3990 has failed and the pair managed to bounce up breaking resistance level at 1.4060 and at the moment trying to break resistance at 1.4135.

Above 1.4135, next resistance area comes at 1.4175 and above here 1.4275. If the Pound manages to jump past 1.4275, two-weeks high at 1.4360 would come next.

On the downside, 1.4065 is the next support line before returning towards 1.3990. Failure to remain above here would open the doors for 1.3955 (Mar 2 low) and below there the Pound could advance towards 1.3850 (Jan 26 low).