The GBP/USD pair went back and forth during the session on the day Monday, and as you can see we continue to hang out in the general vicinity of 1.6650 level. The market has been very choppy for some time now, and as a result we don’t really have an interest in being involved. However, we have more of an upward bias in this market regardless, and that being the case we are looking for a break higher in order to get involved. If we can get above the 1.68 level, we believe that this market will head to the 1.70 handle.
