GBP/USD ...todat

Allow for near-term corrective upside in GBP/USD says trader, with risk seen toward 1.5120 and possibly 1.5290. However trader remains long-term negative on the spot with targets of 1.4370 and 1.4255, the latter being the last line of defence ahead of the 2009 low of 1.3500. GBP/USD now at 1.4988.