The GBP/USD pair fell during the session on Friday, straight a bit of weakness as we plunged towards the 1.68 handle. That region should continue to be supportive, and as a result we feel that supportive looking candle should be bought. We believe that this market will ultimately head back towards the 1.70 handle, thereby keeping us in a “buy only” mode at the moment. Quite frankly, we think that there are far too many areas where we can find support between here and 1.65 to be bothered selling at all now.
