We are still currently bearish on this pair I see a lot of people trying to buy this pair. I do believe a pullback is due on this pair if we can break out the current channel on the hour we could see a retest of the resistance level at 1.5385 which is in line with the 23.6% fib level. A bounce of this level will confirm GBP/USD bearish bias meaning price will fall to the next level at 1.5088. However if enough momentum is behind the pullback we could see price reach 38.2% fib levels before seeing this take place