#GBPUSD European session

GBPUSD is  in consolidation for few days. Yesterday fundamental news didn't put price in a new trend. Look for a long position under or above zone 1.6072-1.6175 levels. Also 1.5989-94 level is a good place to open long trade because of visible reaction in the past. On the other hand look for short only after signifcant break out of 1.5994 level (on retracement).