The British pound has dropped a bit during the week, but still remains well above the 1.30 level, as we continue to hover in a consolidated phase. The question now is whether or not this is an accumulation phase, or perhaps simply the market just giving up for a while. I think that we will eventually see buyers come back into this marketplace, but I also recognize that this could go on for quite some time. Because of this, longer-term traders may be looking to pick up a bit of value here in the British pound, but I also believe that they are a bit skittish about buying too much. If you are a longer-term trader, and you have an upward bias like I do longer-term, then perhaps you should be building a position slowly, with little bits and pieces along the way to eventually take advantage of what hopefully will be a celebratory move later this year once we get the Brexit details figured out.