The GBP/USD pair tried to rally during the session on Tuesday, but it’s managed to find enough resistance at the 1.68 handle to turn things back around and form a shooting star. The shooting star signifies that we could pull back from here, but ultimately we still are interested in buying this market, not selling it. A break above the top of the shooting star would be an excellent buying opportunity, and should send this market looking for the 1.70 handle. Supportive candles below would also be buying opportunities as far as we can tell as well.
