GBPUSD remains in downtrend from 1.6920, the rise from 1.6692 could be treated as consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.6600 area. Resistance is now at 1.6785, only a break above this level will indicate that the downtrend had completed at 1.6692 already, then further rise to 1.6900 – 1.6950 area could be seen.
