DislikedHi V,
If I was to give my view, for what it's worth I think we will see a push down to the 1.5500 level (blue area), I think the PPZ at a RN which has held as resistance numerous times when you look to the left of the chart and with 38 fib and 150ema as added confluence, I feel it will hold at least in the short term.
I could be completely wrong, but it's what my instinct is. Lets see what happens.
Kind Regards
SanilIgnored
I wasn't suggesting that GBP/USD could easily shoot up withno resistance at all
But either way, there are a lot better setups. I was pointing out the possibility just in case....