A possible 50 pip short has emerged based on my previous analysis this weekend. Price has reached the resistance area of the symmetrical triangle. After a bearish candle forms on the 1h, I will short. If price breaks out at any point, watch for a bounce from or a breakthrough the horizontal support and resistances surrounding the triangle.
Good call imo, I'm also trading this. There have been a few spikes like this in GBPUSD lately over the past couple of weeks and they all seem to deflate back down albeit slower than they went up but still, lets hope the same happens here.
Peace