The British pound fell a bit during the trading session but was also relatively quiet against the US dollar. The massive selloff of last week wasn’t as drastic in this market, but the 1.32 level looks to be targeted right now, and if we can break down below there I think that the market will probably go to the much more viable 1.30 level for support. Any time we rally from here, I will be looking for selling opportunities, and do so at the very first signs of exhaustion. Alternately, if we break down below the 1.32 handle, then I am willing to sell this market and towards 1.30 level after that.