GBPUSD moved sideways in a trading range between 1.7059 and 1.7190. As long as 1.7059 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.6692, one more rise towards 1.7500 is still possible after consolidation. On the downside, a breakdown below 1.7059 support will indicate that the uptrend had completed at 1.7190 already, then deeper decline to 1.6850 area could be seen.
