A simple pattern that usually delivers, a with a divergence and a false breakout. I believe that the dollar is about to soar again after a long consolidation/decline, depending on what pair is used for comparison.
Not too much to say about the chart, it speaks for itself. Stop well above 1.59 and I would use 1.52 as the first target. The pound is not that vulnerable, but my bet is that the dollar will be strong again. In case the strength of the dollar will resemble what we have seen in 2014, a second target is 1.46.