The Cable came under strong pressure during the New York session Friday, and having dropped over 160 pips throughout the day and broken several support levels, it recently printed a low of 1.5706.
GBP/USD erased on Friday all weekly gains that it had obtained with great effort, mainly weighed by the EUR/GBP rise. GBP/USD is currently trading at the 1.5710/15 zone, down 0.9% on the day and on track to close the week with a 0.6% loss.
As for technical levels, immediate supports are seen 1.5700, 1.5675 (low Jan 28) and 1.5650. On the other hand, resistances could be found at 1.5775 (100-hour SMA), 1.5800 (psychological level) and 1.5850.