The GBPUSD pushed lower today with the EURUSD after Spain's credit rating was lowered.  The cross briefly tested the March low's in the 1.56 area.  Support can be found at 1.56 and resistance is up around 1.5715.  Below 1.56 solid support isn't apparent until the 1.54 zone.  Any moves up past 1.5715 towards 1.5835 could find sellers.

Sup  1.56

Res  1.5715

Plan:  Waiting for a bounce to short into.  Any move past 1.5715 could produce a short squeeze.