GBP/USD: technical analysis for September 12, 2013

GBP/USD:

Resistance: 1.5890 (sell below this level).

Support: 1.5775 (buy above this level for retesting this level for a short period).

Trading recommendations: (intraday)

According to the previous events, the price is still between the levels of 1.5800 and 1.5820.

The descending movement will probably be lower than the 1.5893 level with the first targets at 1.5813 and 1.5760. Buy deals are recommended above the 1.5775 level with targets at 1.5820 and 1.5887.