Published at 13:13 (GMT) 23 Dec

GBPUSD

23 Dec GBP/USD Daily
13::05 GMT - Recent drift off the 1.5675 pivot is starting to threaten an outright range break now- a pick up in speed below 1.5550 (& failure to bounce into the close) opens steep downside out of the recent extended bracket- we'd be looking 1.5425 next but 1.52~ ultimately. [NR]

R5: 1.5945 11-Nov high
R4: 1.5800-25 * 27-Nov excs high
R3: 1.5785 16-Dec high
R2: 1.5675~ * 1 month pivot
R1: 1.5620 Mon high volm
S1: 1.5545 17, 18-Dec lows
S2: 1.554 * 8-Dec, YTD low
S3: 1.5425~ * 8-Aug-13 low
S4: 1.5205-80 7-Aug-13 exc low
S5: 1.5170-5200 2-Aug-13 rally accel


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