U.S.DOLLAR COULD BE ON A WEAKENING RETRACEMENT FOR SOME WEEKS GOING FORWARD, WHILE THE BRITISH POUND COULD BE GOING FOR SOME STRENGTH UPSIDE. THE U.S. DOLLAR CAN RETRACE FROM HIGH OVERBOUGHT LEVEL, INFACT THE USD/GBP SEEMS RETRACING TOWARD A CLEAR TRADING RANGE. THERE HAS BEEN A LIMIT UPTREND REJECTION AT PIVOT POINT LEVEL, THAT MOVED USD/GBP INTO A REVERSAL, ALSO THE TENKAN ON KIJUN LINE GIVES A SELL SIGNAL, THAT COULD BRING USD/GBP 0.7660 ON SUPPORT1