GBPUSD stays above a rising trend line on its 4-hour chart, suggesting that the pair remains in the uptrend from 1.3711. As long as the price is above the trend line, the fall from 1.3995 could be treated as consolidation for the uptrend and further rise to test 1.4069 resistance is still possible after the consolidation. However, a clear break below the trend line would indicate that the upside movement had completed at 1.3995 already, then the pair would find next support level at 1.3781. Below this level could trigger further downside movement towards 1.3711 support.
