GBP/USD opened at $1.5606 and for the next hour the pair rallied to $1.5655. This quick move found resistance and caused the GBP to drop to $1.5556 for the next hour. Comfortable support at this level caused the pair to hit $1.5700 which is the high of the day. From this point a steady fall has taken the GBPUSD to the $1.5582 region