No sign of any big sell orders near 1.5250 (although its quite normal for orders to be cancelled over the weekend) and cable still looks quite strong as short-covering of GBP short positions continues across the board.
The previous weekly low in the cable at 1.5250 is an obvious resistance level and above that is the 38.2% retracement of the big fall from 1.6340 to 1.4830, which comes in at 1.5410.
Given the current divergence between UK and US economic prospects, selling this rally makes a lot of sense to me in terms of medium term positioning. .