The GBPUSD continued its bullish momentum last week, printed support at the 1.6582 levels . This development leaves the pair targeting the 1.6821 levels where a breach is likely , If seen , It will target the 1.7000 levels , a halt is suggested , but break of 1.7000 levels will turn focus on the 1.7330 levels.
On the downside , a bearish correction towards the 1.6690/1.6640 levels is likely before attacking the 1.7000 levels , losing the 1.6640 levels would challenge main support 1.6582 levels ,note that any downside move should be contained by the 1.6582 levels , but losing the 1.6582 levels will signal short term topping and reverse risks towards the 1.6382 levels.
In all , as long as support 1.6582 holds on a weekly basis , the GBPUSD will remain based to the upside towards the 1.7000 levels ahead of 1.7330 levels. Losing the 1.6582 levels will reverse risks towards the 1.6382 levels.