FXStreet (Edinburgh) - In the view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could test the 1.5202/00 area. Key Quotes “GBP/USD took out the 20 day ma and the market is now under pressure to retest 1.5202/00 the low from mid October”. “Failure here is required to retarget the 1.5172/55 June and September lows on route to the 1.5108 1st October low”. “The more important 1.5086/1.5000 support, which is the 61.8% retracement and psychological support is likely to provide strong support”. For more information, read our latest forex news.