The pair had a corrective move during yesterday's session in favor of the overall bearish bias, after a support was found around the 1.4056 level. Now, GBP/USD can make a pullback to resume the decline, but the fact is that a breakout above the 1.4200 level will expose the Cable to make new highs on a short-term basis.
H1 chart's resistance levels: 1.4151 / 1.4200
H1 chart's support levels: 1.4093 / 1.4056
Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.4151, take profit is at 1.4200 and stop loss is at 1.4100.
