FXstreet.com (Barcelona) - The Sterling has been rejected at its first attempt to break through 1.4620 resistance and it has given away about 50 pips drawing a rejection candle on its return to levels around 1.4575.

Next support level stands at 1.4515 (Mar 25 low), and below there 1.4450 (Mar 23 low), and then at 1.4390 (Mar 20 low). A successful assault to 1.4620/35 resistance line, could open the way towards 1.4690, and next 1.4775 (Mar 24 high).