GBP/USD fell during the session on Tuesday, but in reality the slightly negative candle could be looked at as nothing more than a neutral session. We are still above the 1.60 support level; it is a result should still continue to see buyers stepped into the marketplace. In fact, we are still every bit is bullish about this pair as we have been lately, and think that the general vicinity right now is a decent place to buy as there is such an obvious support level below. On top of that, there is also a support level down at the 1.58 level in several minor ones between the two. With this in mind, we are “buy only” in this pair.
Written by FX Empire