Trend change on the GBP/USD?

The Pound versus the Dollar was in a well-organized uptrend as shown on the daily chart, but since the markets never go up or down in a straight line, a pullback was expected on this pair. It was obvious that the recent retracement on Cable during the last couple of days was caused by weakness on the UK fundamentals. That is why we can see that the price has broken the bullish trend line and has gone below the 1.5200 level to get very close to the 1.5100 level. If the US fundamentals for next week start coming out better than expected, then we could see the pair reaching 1.5000 zone.