The British pound fell during the course of the day on Monday, as the 1.45 level continues offer a bit of resistance. With this, it looks like the market is going to pull back and perhaps try to look for support as the level of course has been rather important more than once. A short-term pullback that forms a supportive candle should be reason enough to go long, and that’s exactly what we are looking for. With this, we are simply looking to find value based upon support, and are waiting for the market to tell us what is time to serve buying.
