GBPUSD remains in uptrend from 1.1986, the fall from 1.2673 is likely consolidation of the uptrend. Support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.2800 area. Only a clear break below the channel support will indicate that the upward movement had completed at 1.2673 already, then the following downward movement could bring price back to test 1.1986 support.
