Simple analisys by me : 16-12-2010
GBP/USD
If you look at daily data movement GBP / USD tends to fall, while prices are still consolidating at 1.5605, there is a possibility the price will go to 1.5431 because there is the annual average data and after that the price will be consolidated again in this price range. See graph travel GBP / USD today. and if GBP/USD. 1.5615 is possible through the price rises to 1.5720 and the price will be consolidated again at that price.
If you look at the price of monthly data is being consolidated at the limit price mid-year and two-yearly look at the picture below :
