FX:GBPUSD British Pound/U.S. Dollar
GBPUSD is currently experiencing market exhaustion. A clear break below 1.5660 should lead to price falling to 1.5440 this target lines up nicely with the 61.8% Fibonacci level on the 4HR. Price could potential fall to 1.5200 which should be kept in mind. We have no indication of change in trend at the moment MA's are still and until 1.5200 level is breached it is still a valid trend.