Bearish, GBPUSD Risk of Slipping Under 1.53

Based on 4-hour chart, the bias tends to bearish targeting 1.5330 area testing. Penetration is consistently below that area could potentially trigger further bearish momentum towards 1.5330 area, before targeting 1.5265 area.

On the reverse side, immediate resistance lies at 1.5370 area. Break back above that area would bring the price to neutral zone in the short term, with the possibility of testing the 1.5405 area. The next resistance could be found at 1.5440 area.