Sterling found plenty of resistance above 1.40 handle in the course of the last week and was pushed lower going all the way to 1.37 area, where it found some amount of support and managed to rebound in order to finish the session around 1.3760 level. Decline was mostly caused by Brexit concerns. As for next week, focus will be on UK Industrial Production figures. On a short-term basis, we believe that pair will find some amount of support around 1.37 and 1.36 area initially next week, while area above 1.39 handle should offer some amount of resistance.