The British Pound remains bullish as yesterday it closed up for 4th day in a row. Currently the GBPUSD is testing the R2 Pivot point on 1.6615. At 13:30 GMT time the US Unemployment Claims data will be released. Last month the data were 326k and the current expectation is 331k. If the expectation is not met R2 may not resit and a test of R3 may be in place at 1.6635. If US data meet or exceed the expectation the pair will fall and test S2 or S3 at 1.6584 - 1.6554, but the trend should remain bullish.
Also the US Existing Home Sales for DEC will be released at 15:00h GMT. The expectation is 0.4 m/m but I'm not sure that the expectation will be met as in DEC the most of the people are traveling and buying presents, not houses.
Also the US Existing Home Sales for DEC will be released at 15:00h GMT. The expectation is 0.4 m/m but I'm not sure that the expectation will be met as in DEC the most of the people are traveling and buying presents, not houses.