The GBP/USD pair continues to meander around the 1.65 handle, essentially printing a neutral candle for the Monday session. With the lack of liquidity in the marketplace, and the New Year’s Day holiday coming, it’s hard to imagine that this market is going to do much in the next couple of sessions. That being the case, we still believe in the longer-term uptrend, so any pullback at this point time should be a buying opportunity on signs of support. With that being said, we have no scenario in which we sell the GBP/USD pair, and are only looking for buying opportunities.
Written by FX Empire