In this aspect, shorts near 1.545 should book partial profits at 1.536 region as things could get a bit tricky here.
1. If 1.536 zone supports the current decline, expect some sideways price action until either resistance or support gives way. A break above 1.55 will see continued gains towards 1.57 (top of the larger ) and higher
2. If support at 1.536 breaks, GBPUSD could decline to the aka neckline of the
Partial profit booking at 1.536 and remainder moved to break even (or stops trailed to recent high at 1.555 will reduce the risk at the same time allowing for some breathing space for price to chalk out future direction.
Why is the pattern doubtful?: Because weekly is looking to make a after last week's small bodied close, indicating potential break to the upside.