GBPUSD's upward movement from 1.6731 extended to as high as 1.6864.

The uptrend could be expected to continue, and next target would be at 1.6900 - 1.6950 area.

Support levels are at 1.6800 and 1.6731, only break below these levels could trigger another fall towards 1.6600.

Editor’s Note: Equity investors/traders can use the Currency Shares British Pound Sterling Trust (FXB, quote) ETF to take positions in the yen without a FOREX account.  The ETF looks to track the price of the British Pound Sterling (GBPUSD), minus ETF fee. The fund seeks to reflect the price of the British Pound Sterling (GBPUSD) with the shares representing a cost-effective investment relative to investing in the FOREX market.

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