GBPUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2772. As long as the trend line support holds, the fall from 1.3350 could be treated as consolidation for the uptrend. Further rise could be expected and next target would be at 1.3450 area. Near term support is at 1.3230, below this level could bring the price back towards the bullish trend line.
