1. Consolidation = triangle.
The fall from 1.592 does not look like a fifth wave movement. There are possible to count 5 wave, but their have a very bad proportion. Because of this I think that the rise from 1.518 was an extended . In this case GPBUSD are working at triangle, which will continue about 2 weeks.
If movement from 1.592 yet was a fifth wave, then now this pair are working at wave (2) and after that will fall in wave (3) In this scenario first target to fall will be at 1.485