GBPUSD’s fall from 1.6684 extended to as low as 1.6553. Deeper decline is still possible, and next target would be at 1.6510 area. However, the fall is likely correction of the uptrend from 1.6465, as long as 1.6465 key support holds, one more rise towards 1.6800 could be expected after correction, and a break above 1.6620 resistance could signal resumption of the uptrend.
