GBP/USD Falling Wedge Breakout HitsBritish Pound / U.S. DollarFOREXCOM:GBPUSDFOREXcomAs USD weakness has come rushing back into markets both EUR/USD and GBP/USD have put in strong bullish moves. As I looked at last week, EUR/GBP highlighted a possible shift towards preference towards the British Pound, and the 2.02% gain in GBP/USD last week against the 1.82% gain in EUR/USD highlights that well. Interestingly, USD/JPY has held up which puts even more pressure on topside potential in EUR/JPY and GBP/JPY setups, but for traders looking to work with a continuation of USD-weakness, the 1.3480-1.3500 area of prior resistance sets up as support potential in Cable as we move deeper into Q2 trade. - js