
Well GBP/USD trade is still in effect looking for a pullback to the lower median line of an hourly Andrews pitchfork I have drawn. Target is still 1.6600 level. This level will be critical. If it holds we could see price move back up to test the high at 1.704 level. If it does not hold and breakes to the downside we could be seeing the beginings of a large move down towards support at 1.5000. Still shorting down to 1.6600 and then I might set back and wait for a trending break to down side or for price to bounce off this line and move back up. Let's see?
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