Gbpusd has taken out the R5 resistance at 1.5862 and now is moving back inside the rising wedge. This wedge pattern is bearish for the cross and since it is a squaring day look for that movement to have some legs. A break of the wedge to the downside targets the 1.5705 ( .618 fib retracement) level. It could of course bounce in the .382 and head back up. A break of the R5 again should stop at the 1.5900 psychological number.