Being contained by 1.5776 resistance, GBPUSD moves sideways in a narrow range between 1.5640 and 1.5720. The price action in a range is likely consolidation of the short term uptrend from 1.5484, another rise to test 1.5776 resistance is still possible after consolidation, and a break above this level will indicate that the longer term uptrend from 1.5268 has resumed, then next target would be at 1.6000 area. Support is at 1.5590, only break below this level could bring price back to 1.5400 zone.
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