1.6200 is now a very strong support area. Watch for a dip to buy this pair. We can see a move into 1.75 over the coming months. The bulls were not able to close above the 1.6200 area for several weeks, but now they were able to break it, so dips there would be a great buy. I am generally seeing alot of upside potential for the GBP over the coming period. Give this position some room to breathe. Stops should be below 1.60.