GBPUSD breaks above 1.6259 previous high resistance, and reaches as high as 1.6384, suggesting that the uptrend from 1.4813 has resumed. Further rise could be expected in a couple of weeks, and next target would be at 1.7000 area. Support is at 1.6200, only break below this level will indicate that lengthier consolidation of the uptrend from 1.4813 is underway, then pullback to 1.6000 area to complete the consolidation could be seen.
