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GBP/USD closed lower on Wednesday and The low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI remain neutral to bullish signalling that sideways to lower prices are possible near-term. If it extends the rally off July's low, the 62% retracement level of the 2010-2011-decline crossing is the next upside target. Closes below the 20-day moving average crossing would temper the near-term bullish outlook.