Commentary of the GBP/USD parity :

The break out of 1.4924 allowed us to enter short on the parity. The objective is now at 1.4786 and the break out of this level will give a new sell signal. As far as 1.5036 is resistance, we advise to trade only short positions. If this level is broken, we will stay neutral on the parity.

See the previous analysis of the GBP/USD parity of March 24, 2010