GBPUSD headed lower as expected & broke 1.6415/10 to crash as far as 1.6281. We could continue lower a little further today to good support at 1.6250/40. Here we will look for a low for the 2 week correction & expect a recovery in to the end of the week. Exit shorts & try longs with stops below 1.6210.
Immediate resistance at 1.6310/20 but above here we could stretch to 1.6355/60.