GBPUSD broke below 1.6337 support, suggesting that lengthier consolidation of the uptrend from 1.5854 (Nov 12, 2013 low) is underway. Deeper decline would likely be seen, and next target would be at 1.6270 area. Support is now at 1.6219, as long as this level holds, the uptrend from 1.5854 could be expected to resume, and another rise towards 1.7000 is still possible.
