GBPUSD Daily Analysis – December 19, 2013

GBPUSD break above 1.6465 resistance, suggesting that the uptrend from 1.5854 (Nov 12 low) has resumed. Further rise could be expected over the next several days, and next target would be at 1.6600 area. Key support is at 1.6219, only break below this level could trigger another fall to 1.6000 zone.

gbpusd daily chart