The GBP/USD pair fell hard during the session on a day on Monday, testing the 1.6650 level. However, we are still well within the consolidation area that we had been in previously. Because of this, we feel that this market will find support just below, and plenty of buyers should step in to pick this market. With that, we are bullish but are on the sidelines waiting for the appropriate signal. We believe that there is a massive amount of support all the way down to the 1.65 level, and as a result have no interest in selling.
