FXstreet.com (Buenos Aires) - Following dollar sudden strength,
Pound continues falling reaching 1.4785 daily low, and breaking
under 1.4800 level; however pair holds a slightly bullish tone
according to Valeria Bednarik, Fxstreet.com chief analyst.
Bednarik states: "key support however, lies in at the 1.4770 area,
so only under this last some bearish momentum could be seen in the
pair"; she foresees and extension of the rally close to 1.4720 ,
next support area, while resistances according to her technical
analysis lie at 1.4830 and 1.4860 for the rest of the day.