Let {$x_n$} be a Cauchy sequence of real numbers. The proof I am reading uses the completeness axiom to prove the hypothesis. The proof starts with a lemma stating that this sequence must be bounded, whose proof I understand. The next part of the proof is written in the textbook exactly as I write below:
Since {$x_n$} is bounded by the lemma, there is a greatest lower bound $$b_n=g.l.b.\{x_n,x_{n+1},x_{n+2},...\}.$$ Then {$b_n$} is an increasing sequence, bounded.
Then the proof goes on to show that the least upper bound of sequence {$b_n$} is the limit of the Cauchy sequence. I don't understand how {$b_n$} is increasing and bounded.
Any lower bound for $\{x_n,x_{n+1},...\}$ is a lower bound for $\{x_{n+1},x_{n+2},...\}$. In particular g.l.b.$\{x_n,x_{n+1},...\}$ is a lower bound for $\{x_{n+1},x_{n+2},...\}$. Hence $b_n \leq b_{n+1}$. If $c\leq x_n \leq d$ for all $n$ then $c$ is a lower bound for $\{x_n,x_{n+1},...\}$ so $c \leq b_n $ for all $n$. On the other hand $b_n \leq x_n \leq d$, so $(b_n)$ is bounded.