FXstreet.com (Barcelona) - The Pound has tested 1.4425 level twice in the last 12 hours setting a double bottom on the hourly chart, to pick up somewhat ahead of the European session opening. At the time of writing, the Pound seems to be returning towards 1.4425 intra-day low.

Below here, next support could be Mar 20 low at 1.4390, and below here, 1.4335 (Mar 18 high). If the Pound drops below here, next level on sight would be 1.4230 (Mar 16 high) and 1.4170 (Mar 19 low).

On the upside, resistance levels stand at 1.4495/1.4510 area, and, if the Pound rises above here, intra-day level at 1.4575 and 1.4635 (26 Mar high).

GBP/JPY has weakened from 142.95 session high to 141.18. The Pound seems on its way towards support level at 140.95 (Mar 25 low).