GBPUSD remains in uptrend from 1.4813, the price action from 1.6259 could be treated as consolidation of the uptrend. Support is at 1.5894, as long as this level holds, the uptrend could be expected to resume, and next target would be at 1.6650 area. On the downside, a breakdown below 1.5894 will suggest that the upward movement from 1.4813 had completed at 1.6259 already, then the following downward movement could bring price back to 1.4500 zone.
