Look to buy USD dips as the week progresses. Specifically, there may be an opportunity to sell the GBPUSD. Structure is bearish as long as price is below 1.6672 and short term targets are at 1.6000 and 1.5600 (100% and 161.8% extensions of 1.7050-1.6390 decline). Former support at 1.6390 is potential resistance as is the 1.6435/70 zone. A post news spike (GBP CPI is at 4:30 eastern time) into one or both of these areas would present a bearish opportunity against 1.6672 - targeting the mentioned points.