GBP/USD Forecast June 28, 2016, Technical Analysis

GBP/USD pair gapped lower at the open on Monday as anticipated, and as a result selling pressure continues. It looks as if the pair is going to continue being a bit on the soft side, so it makes sense that selling short-term rallies show signs of correction might be at today's session. At this point in time,  long term buying would be a risk because it is one that will probably continue to have a lot of headline risk going forward as the United Kingdom has to figure out its way out of the European Union.