GBPUSD is facing 1.5541 support again, a breakdown below this level will signal resumption of the downtrend from 1.6182 (Oct 28 high), then the following downward movement could bring price to 1.5000 area. Resistance is at 1.5680, only break above this level will indicate that lengthier sideways movement is underway, and the trading range would be between 1.5541 and 1.5825.
