FXstreet.com (Barcelona) - After a brief incursion below 1.3980 support level, the Pound has reacted upward and has taken back lost ground to test 1.4040 resistance level again, which then again turned to be too strong for the Sterling.

Above 1.4040, the Pound could find resistance at .4100 and above there, intra-week high at 1.4125, then 1.4235 and a seemingly strong resistance level at 1.4300 (Mar 6 high). On the downside support levels come at 1.3980, and below there 1.3920 if the pair falls below here, 1.3860 and 1.3800.