GBPUSD is facing 1.2350 support, a breakdown below this level will indicate that the upward movement from 1.2082 had completed at 1.2673 already, then the following downward move could bring price to 1.2000 area. On the upside, as long as 1.2350 support holds, the fall from 1.2673 could be treated as consolidation of the uptrend, further rise 1.2800 area is still possible after consolidation.
