Long GBP/USD @ 1.5275 Target 1.5336 stop Loss 1.5250
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
Trade closed manually:
Taking Profit at 1.5295.
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.