GBP/USD Forecast: September 10, 2013

 | Sep 10, 2013 05:02AM ET

GBP/USD

The pair is trading along an uptrend.

We can expect a downtrend from the resistance levels 1.5705 - 1.5740, which will be followed by moving down to the support level 1.5665 and then 1.5625.

An uptrend will start as soon as the pair rise above the resistance level of 1.5740, which will be followed by moving up to the resistance level 1.5800.

Supports: 1.5665, 1.5625, 1.5585

Resistances: 1.5730, 1.5470, 1.5800