GBPUSD breaks above 1.5534 (Nov 25 high) key resistance, suggesting that the long term down trend from 2.0158 (July 15 high) has completed and the pair is now in up trend. Further rally could be seen to 1.6500 zone in next several days. Initial support is located at 1.5204, only fall below this level will signal consolidation to up trend.
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