The GBP/USD pair tried to rally during the session on Monday, but pullback to form a shooting star. Because of that, the market looks as if the sellers are starting to come back into power, and with that we feel that the market will probably continue to go lower. On the other hand, if we break the top of the shooting star, the market should continue to go much higher, probably to the 1.68 level given enough time, but of course that move would be rather choppy. On the other hand, if we break down below the 1.65 handle, this market will come undone.
