The GBP/USD is rallying, but the overall structure and overall trend of the market is still very bearish. With that in mind, looking at the 4H chart, our desired point of entry will be at a confluence between the long held descending trend-line, the 38.2% of the latest bear wave; the support and resistance+psychological factor 1.5800 level. Finally, we'd like to see RSI at around the 65 handle. If things materialize in this fashion, we're with-the-trend sellers, and we believe the pair will indeed break the recent consolidation zone.