Regarding to my last week analysis about GBPUSD/Sterling. GBPUSD
exploded higher last week at the price broke above 1.2570 resistance. It closed well above the neaby resistance. This is obviously a Bulls taking in Control while bear still asleep. We can look for minor pull backs to the downside to get long and trade in-line with the bullish
momentum. The price between 1.2680 – 1.2570 is the primary buy opportunity this week.