GBPUSD failed to break below 1.5541 support, and stayed in the trading range between 1.5541 and 1.5825. Sideways movement in the range could be expected to continue in a couple of days. Key resistance is at 1.5825, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 1.6182 (Oct 28 high), another fall towards 1.5000 is still possible after consolidation.
