The break above 1.5375 technical resistance opens the way up for further gains in the GBP/USD. The GBP is showing plenty of bullish promise on the crosses, with EUR/GBP looking to have plenty of scope to fall back towards .8430 and of course the GBP/AUD bullish momentum has really picked up.
The short-term technical target for cable is at 1.5600 and I like the risk-reward profile of buying near 1.5370 with stops below 1.5320 looking for 1.5570.