GBP/USD has turned bearish in the last two weeks after only three wave bounce from 1.4893 to 1.5240, which was a corrective move; a zigzag. As such, we are bearish on GBP/USD and will expect more weakness after any pullback. At the moment, trend is still down, but wave 1 appears complete so be aware of a corrective bounce up into wave 2 that can be looking for resistance near 1.5000 next week.
GBP/USD, 4H