According to Pivots table, on the graph we can see the levels that are valid for all this week. The Pound Sterling is trading above the weekly pivot and above the 200 day moving average periods.
Last week, the British Pound surpassed the psychological level of 1.60, is now above the weekly pivot, because last week was an upward movement is likely to be a downward correction towards the support nearest 1.5920 weekly. At this level we recommend buying. If the pair go to back to the level of the 200 EMA (blue). It will be an opportunity to buy the pair at low prices, with objectives to R_S3. level as seen on the graph.
1.5985 and 1.6087 are weekly and monthly pivot points for this week for GBP/USD.

Signals for November 26 - 30, 2012

Buy if it rebounds around 1.5920  (W_S1) with take profit at 1.6089 and 1.6268, stop loss is below 1.5816 (W_S2). 

____WEEKLY_____
Weekly - R3 = 1.6258
Weekly - R2 = 1.6154
Weekly - R1 = 1.6089
Weekly Pivot = 1.5985
Weekly - S1 = 1.5920
Weekly - S2 = 1.5816
Weekly - S3 = 1.5751

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_____MONTHLY____
Monthly - R3 = 1.6562
Monthly - R2 = 1.6390
Monthly - R1 = 1.6259
Monthly Pivot = 1.6087
Monthly - S1 = 1.5956
Monthly - S2 = 1.5784
Monthly - S3 = 1.5653