1.3250 another 200 pips upside for GBP/USD...

With the dollar mixed to softer in quiet trade as broader undertone remains weak, sterling can take this opportunity to progress into the next fibonacci D extension zone at 1.3250 which is a huge key level for the pair. As long a we are aware of the 1.3000 psychological level and can keep our stops tight, a decent buying opportunity is here on GBP/USD.