GBP/USD fairly quickly toward 1.5500

GBP/USD has so far failed to test the 1.5400 tag Friday but any move above here is likely to see stops triggered which could propel the rate fairly quickly toward 1.5500 says a trader. He favors buying between 1.5375 and 1.5325 with a stop below 1.53, taking profit ahead of 1.55 where he says small shorts may be worth a look. GBP/USD now at 1.5370.