The pair arrived to November's low after a large bearish candle, breaking the last candle's pattern. The price has now cleared 1.6263, heading towards 1.5813 and then complete the movement similar to the four hour chart. It found the support at 1.6117 and then rebounded with strength to 1.6332. Below, 1.6117 was a large resistance from late September and early October. Above, the sterling needs to take advantage of the morning's turn to try to consolidate again 1.6332, seeking 1.6473.

width=500