The GBP/USD is expected to continue its decline and would represent good opportunity to enter sell positions. In fact, the cable resumed its bearish trend after it failed to break above the Fibonacci level 61.8% and the Bearish Classic Divergence also confirms the retreat of the prices toward $1.5470, $1.5440 and then $1.5412 as a main support level. The Bears indicator also confirms the bearish trend on the daily term trading, however we recommend our dear traders to monitor the $1.5600 as a key resistance level.