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GBP/USD closed lower on Tuesday as it consolidated some of last week's rally. The low-range close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are diverging but are bullish signalling that sideways to higher prices are possible near-term. If it renews the rally off December's low, weekly resistance crossing is the next upside target. Closes below the reaction low crossing are needed to confirm that a short-term top has been posted.