FXstreet.com (Barcelona) - The Pound has weakened after the Fed Statement, and GBP/USD rally from 1.4515 low yesterday has capped, at least momentarily, at 1.4815 resistance level, to drop to levels around 1.4750.

On the downside, the Pound could find support at 1.4745 (Apr 23 high=) and below there 1.4690/1.4710, and below there 1.4630 (Tuesday's NY close). On the upside resistance levels stand at 1.4815, and above here, 1.4840/50 and 1.4940.

GBP/JPY has broken above 143.75 after the Fed statement, although , according to Nick Nasad, currency market analyst with CMS Forex, the pair seems unable to break above 144.50: The Pound-Yen broke above its its short term downward sloping resistance level (connecting highs from April 21st and 23rd), but seems unable to break above horizontal resistance at 144.40, its high from last Thursday.

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