GBPUSD moved sideways in a narrow range between 1.3010 and 1.3108. As long as 1.3010 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2772 and further rise to 1.3200 area is still possible after the consolidation. On the downside, a breakdown below 1.3010 support would indicate that the upside movement had completed at 1.3108 already, then deeper decline to 1.2900 area could be seen.
