At the moment the pound is trading at 1.6080 zone, 0.9% above the opening price. A pair of fully compensated for losses incurred in the outgoing week. The next resistance levelsare at 1.6100, 1.6130 (week high) and 1.6165 (peak maximum of 31 October), while support is provided to 1.6030, 1.6000 and 1.5950.