The rally is coming to an end, the pair is most likely to reach new highs this weeks.
This week the GBP/USD has been obviously in the lead.
However, on a week graph the Ishimoku indicator showed a downward signal. It is possible that reaching of the 1.61 level will target sells to 1.5650 before Monday.
I will buy and fixate near 1.6060, and here I am going to place sell orders up to 1.5650 and leave them till Monday.
On a 1-hour graph the RSI is indicating the bullish trend also supported by the MACD, which gave a buy signal in the Asian session.
Thank you for your attention.
