The cable is closing in on the 1.5920 dollars per pound support. If it breaks it, the next target will be 1.5865. If the pair rebounds, the next resistance is at 1.6005. The fibo 23.60% are a barrier hard to overcome and could imply a short term correction to 1.5776. The Bands of Bollinger show a 50 pips volatility on the hour, while the RSI is in a clear neutral zone.