The GBP/USD pair initially fell during the session on Wednesday, but found the 1.65 level to be supportive enough to push the market back around. The market closed higher, and we believe that this bounce will continue as we try to work towards the 1.68 handle. All things being equal though, we believe that this market will be choppy, as there is a lot of noise between here and there. Nonetheless, we are bullish of the British pound in general, so therefore we do like buying this market. Selling is not an option.
