Much like the gold the silver got halted from the falling streak and is currently in upward channel movement, though not as steep as it fall, the recovery is mostly sideways. My take for December 2, 2013 == 23.00
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Multiple top patterns in this pair suggests downward movement. This being confirmed in multiple time frames as well. Hence the price for GBP USD will be 1.5905.
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The formation of higher highs by this pair clearly evident that it will try to reach the April peak of 8675. However, the timescale could well be beginning of 2014. The pattern has entered into the upward channel on daily charts as well as 8 hour pattern. The weekly charts also confirm the same. Hence the price expected on December 2 == 0.8465.
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