The GBPUSD has started the week basically where it did the last week.  Support around 1.6170 has contained the cross once again.  It will take a break of this level to open the pair up to a move lower.  The descending trend line that contained the pairs accent for over a year, is now acting as support just below at 1.6120.  The top of the current range is at 1.63.  Playing the range is the plan until it breaks.

Sup   1.6170                   1.6120

Res    1.63

Keane Plan…Playing the range between 1.63 and 1.6170 until it breaks.

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