Here’s the nice wedge! And the pair is facing strong resistance around 1.5375. I bet the euphory about royal baby will fade away and the pound will have to deal somehow with economic reality. I suggest short sales are appropriate from current levels. by the way, it is estimated that Royal Baby May Add $375 Million to U.K. Economy http://www.bloomberg.com/video/royal-baby-may-add-375-million-to-u-k-economy-J~Wcs_pkQQS9lJnsgDk38g.html