GBPUSD traded in a narrow range between 1.5080 and 1.5230 for several days. Support is at the lower border of the price channel on 4-hour chart (now at 1.5000), as long as the channel support holds, the price action in the range is treated as consolidation of uptrend, another rise to 1.5400 is still possible. Key support is at 1.4873, only fall below these levels could indicate that the upward movement is complete.

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