GBPUSD stays above a rising trend line on daily chart and remains in uptrend from 1.4230. Further rise is still possible next week and next target would be at 1.6500 area. Support is at 1.5820, as long as this level holds, uptrend will continue. Only fall below 1.5820 could indicate that a minor consolidation of uptrend is underway, then pullback towards the uptrend line could be seen.
For long term analysis, GBPUSD is in uptrend from 1.4230. Rise to 1.8000 area to reach next cycle top on weekly chart is expected in next several weeks.
