GBP/USD closed lower due to profit taking on Monday as it consolidates some of the rally off May's low. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are overbought and are turning bearish hinting that a short-term top might be in or is near. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted. If it extends this month's rally, the reaction high crossing is the next upside target.