GBPUSD remains in uptrend from 1.6692, the fall from 1.7179 is likely consolidation of the downtrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the uptrend could be expected to resume, and next target would be at 1.7300 area. Only a clear break below the channel support could signal completion of the uptrend.
![gbpusd chart](https://www.forexcycle.com/wp-content/uploads/2014/20140708_gbpusd_1.png)