The GBP/USD pair try to rally during the session on Tuesday, but as you can see pulled back. The resulting candle was a shooting star, so it is possible that we drift lower from here. However, we see plenty of support below down to the 1.65 level, as we have no interest in selling this market. In fact, we are simply looking for some type of supportive candle in order to go long and start buying again. Ultimately, this market should go to the 1.70 handle as the British pound continues to strengthen overall.
