GBP/USD, August 2, 7am UK Time

Still bullish momentum in cable, but everybody is waiting for a correction. I would prefer to go short into London, but will trade what the charts provide. Critical levels at 1.5753, 1.5821 and 1.5922 to the upside. 1.5603, 1.5585 and 1.5494 to the downside.

GBP/USD, August 2, 7am