By Cornelius Luca
* GBP/USD also lost light ground mostly on talk the BBK was buying EUR/GBP for commercial purposes. The cross rallied to 0.6224. The NTC/REC's latest survey showed a further cooling of the U.K.'s labor market in April.
The outlook is slightly bearish.

Support: 1.4340 (overnight low), 1.4192 (April 18 low), 1.4147 (April 2 low; 4-month low), 1.3966 (Nov. 24 trough).
Resistance: 1.4362 (20-day moving average), 1.4368 (overnight high), 1.4402 (61.8% Fibonacci retracement level of Nov.-Jan. uptrend), 1.4410 (60-day moving average), 1.4534 (50% Fibonacci retracement level of the Nov.-Jan. rally).