FXstreet.com (Barcelona) - GBP/USD has been following a downward trending path since turning down from1.4775 maximum level on yesterday's U.S. session down to 1.4625/40 support zone at late Asian session.

Below 1.4625, the Pound would have broken support level of the last two-days, next support would come at 1.4595 (Mar 19 and 20 high), and once below here, next support would come at 1.4490, and 1.4395 (20 Mar low).

On the upside, bouncing up from 1.4625, the Pound should have to break above intra-day high at 1.4720 first and then the path towards 1.4775 (mar 24 high) would be cleared.