GBPUSD’s upside movement from 1.3458 extended to as high as 1.3836. Further rise is still possible after a minor consolidation and next target would be at 1.4000 area. Near term support is at 1.3741, only a breakdown below this level could indicate that the uptrend had completed at 1.3836 already, then next target would be at 1.3620 area. Below this level could trigger further downside movement towards 1.3458.
