Short term trend: Bearish Ichimoku analysis (4 Hour chart): Tenkan-Sen level: 1.5710 Kijun-Sen level: 1.5759 Ichimoku cloud top: 1.5776 Ichimoku cloud bottom: 1.5726 GBP/USD has broken major support 1.5700 and is trading well below that level. Overall trend is bearish as long as resistance 1.5750 holds. On the upper side any break above 1.5750 will target 1.5770/1.5825 in the short term. The pair’s minor support is around 1.5700 and break below would extend gain to 1.5625/1.5585. Indicators Ichimoku (9, 26, 52, 26) - Sell MACD (12.26.9) – Sell Recommendation: Sell GBP/USD around 1.5690, SL 1.5750, Target 1.5630/1.5585.