GBPUSD remains in downtrend from 1.6524, the sideways movement from 1.5951 could be treated as consolidation of the downtrend. Resistance is at 1.6226, as long as this level holds, the downtrend could be expected to resume, and another fall to 1.5600 area is possible. Only break above 1.6226 resistance will indicate that the downtrend had completed at 1.5874 already, then further rise to 1.6400 area could be seen.
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