On the upside minor resistance is around 1.5125 (9 day 4HMA) and any break above will take the pair to 1.5160/1.5205.
Indicators (4 Hour chart)
(50) – Sell
(14) – Sell
Recommendation: Sell GBP/USD around 1.5125-30, SL 1.5205, Targets 1.5025/1.4960.
In view of this, would not chase this fall here and would be prudent to sell cable on recovery as the Kijun-Sen (now at 1.5138) should limit upside. Only above resistance at 1.5223 would suggest low is possibly formed, bring test of 1.5250-55 and then resistance at 1.5270 but break there is needed to provide confirmation.