GBPUSD remains in uptrend from 1.1986, the price action from 1.2673 could be treated as consolidation of the uptrend. As long as 1.2412 support holds, the uptrend could be expected to continue, and next target would be at 1.2800 area. On the downside, a breakdown below 1.2412 support will indicate that the uptrend had completed at 1.2706 already, then the following downward movement could bring price back to 1.2100 zone.
