Fundamental Analysis: I wrap up what happen to GBPUSD last week. - UK Unemployment Rate fell down to 7.1% near threshold 7.0% - GBPUSD was reinforced from soaring up of EURUSD to set new high 1.666 - Dovish comments of Governor Carney. The main points in Carney speech: - He considers a wide range of options. - He admitted 7% benchmark of Unemployment Rate quickly be hit. - He warned risk still remain. - He wanted to see recovery in productivity. - He liked weak currency. - Rate hike was not on the table now. Base on his comments, traders should pay attention more on productivity indicators. This week, there is only one piece of UK data : UK GDP. And I believe 90% UK GDP will accelerate, and this will support for GBP. Moreover, GBPUSD is influenced by EURUSD because UK economy links to EZ economy. Thus, I cannot ignore EZ economic data. Please refer my EURUSD analysis: tradingview.com/v/4YWpIwJZ/ Finally, I find two engines to LONG GBPUSD: - Positive UK GDP. - Positive EZ economic data. Hence, I hit BUY position. Target : 1.6650 Stop Loss: 1.6350 160 pips from current price. But I recommend traders should LONG GBPUSD after Monday and before UK GDP releases. Target at 1.657, stop loss at 1.6350.