USD selling to continue ahead of the weekend. Sterling's rebound from 1.5025 and range bound action around 1.52 followed by a daily close above 1.5248 (key fib level) indicates the spot is likely to extend the rally to 1.5336
The pair failed to sustain above 1.53 once more and that has increased the odds of a selling ahead of the weekend. ITs better to book profits.
We can always renter longs again !!