The GBP/USD pair fell slightly on Friday, keeping a fairly bullish tone overall. The pair should continue to go higher though, as the 1.55 level should be targeted in general. The market will more than likely find sellers there, so we are looking to short from that level. The resistance at that area extends all the way to the 1.58 level, and as a result it is almost impossible to be buyers at this point. The market will continue to be “sell only” going forward, and should eventually target the 1.50 below.
