The pair arrived to November's low after a large bearish candle, breaking the last candle's pattern. The price is now clearing 1.6263 to go to 1.5813 and, then, complete the movement similar to the four hour chart. In the way, if it breaks the 1.617 support, if will find 1.6117, a level that was a large resistance by the end of September and start of October. We mustn't forget the 1.5948/26, which gave a lot to talk about. Above, the sterling will have to take advantage of the RSI, which is marking oversold, to go up again to 1.6263 dollars per pound. To end the day thinking that tomorrow could be bullish, the pair must end the day over 1.6332

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