FXStreet (Guatemala) - Analysts at Bank of Tokyo Mitsubishi explained that the pound is starting the new calendar year as it ended last year on a weaker footing. Key Quotes: "Cable is currently testing key technical support from the low from April of last year at 1.4566. A break below would likely then encourage a retest of the lows from May 2010 at 1.4231 and potentially even from early in 2009 during the peak of the global financial crisis at just above the 1.3500-level. In contrast, the pound continues to remain more stable against the euro. EUR/GBP is trading towards the top of its current range between the 0.7000 and 0.7500-levels, which has held for almost a year now." For more information, read our latest forex news.