GBPUSD is looking very much like the EURUSD chart. With a low rsi, trendline support, former high support and having it just touch the bottom of the bands this is looking like an easy short term pop. In addition to this the DXY seems over extended and will come down to a temporary correction. Long term I am very bullish for the DXY which means the GPD USD is going to go through a long correction. I believe this is the last pop before a sizeable correction. If you look at the weekly ( not shown HERE) the rsi is oversold and the indicators and price action is showing for a long-term correction.