GBPUSD close last session of the year with a strong rally. Low volume produce nice squeeze and a important test 1.5650 reference area short-term above 1.5550. Trendline from 1.6250 remain intact. Daily support area sitting 1.5518 below 1.5427 and 1.5370. Resistance above 1.5550 area range [1.5611, 1.5676] this range represent fibo and ema`s .
RSI indicador back to neutral area but last signal bear follow for now bearish view and stochastic oversold conditions.
GBPUSD 1 hour chart support [1.5485, 1.5515]. Two consecutive Closes hourly below lower band of this range follow support area daily chart.
Good luck folks. Next update after Monday close.
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