GBP/USD is bound to retest the 1.54 level after a nice fall hours ago. I am not sure about the exact drawdown - which might be big, but in my view the retest 1.54 is very highly likely and I am long GBP/USD as of the time of this post.
Strong resistance at 1119.40 level will lead to the retest of the long-term buying level at 118.50 despite the recent BOJ news on continuation of the quantitative easing program:
Vasyl 
Open trading account 
