If the GBP/USD falls from here, it should not be surprising. It has often reversed course at this level.
The Pound is up near a critical support and resistance zone. I think it is headed lower. I will probably sell this pair today during the European trading session. I think that my first profit target will be around 1.5540. It may take the pair several days to get down to the profit target, but that is ok, I don’t like watching charts anyway.
I hope you had a great trading week!
