Trade on GBP/USD unfolded nicely today. Actually reaching 1.666 level. Tested our patience early today but nevertheless followed thru to our liking. I have actually went short 3 units at 1.6650 and have a target set at 1.661 which is 10 pips north of the main pivot level. I look for GBP/USD to retrace back to this level which is a 38.2 fib of the rise, before it makes another move up. GBP/CHF broke upward out of it's downward trending channel. I look for this pair to retrace back to it's 68.2 fib level which correlates nicely with Andrews mid line and also major support to the left on chart. Let's see if we can catch some pips during this London session. I would normally buy the GBP/USD at the 38.2 fib level but I will be sleeping so no trade. I shorted down to this level with a stop set @ 1.6910 well out of the way. Let's see?