GBPUSD remains in uptrend from 1.4565, the price action from 1.5814 could be treated as consolidation of the uptrend. Sideways movement in a range between 1.5170 and 1.5929 could be expected to continue over the next several weeks. Resistance is at 1.5929, a break of this level will indicate that the uptrend has resumed, then next target would be at 1.6500 area. Only break below 1.5170 support could signal completion of the uptrend.
