GBPUSD continued its downward move from 1.6453 and the fall extended to as low as 1.5823. Deeper decline to test 1.5781 (Jul 12 low) support is expected in a couple of days, however, minor consolidation would likely be seen before breaking below this level. Resistance remains at the downtrend line on 4-hour chart, only a clear break above the trend line could indicate that the fall from 1.6453 is complete.

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