Extreme uptrend could find a top at 1.5800 before pushing higher; the past week closed with the University of Michigan confidence report and despite the bad outcome (88.6 versus 95.9 expected) the Pound couldn't make it to a higher high. Technically, a double top is taking shape just at 1.5800 and could be the beginning of a correction lower; the pattern would be valid once the neckline at 1.5700 is broken. I'm not saying to go short, but we might retest the important support at 1.5500 before another leg up.