GBPUSD remains in uptrend from 1.4813, the fall from 1.6259 is likely consolidation of the uptrend. Key support is now at 1.5854, as long as this level holds, the uptrend could be expected to resume, and one more rise towards 1.6500 is still possible. On the downside, a breakdown below 1.5854 will signal completion of the uptrend from 1.4813, then the following downward movement could bring price back to 1.4500 zone.
