Being contained by the support of the price channel on 4-hour chart, GBPUSD rebounded from 1.3235, indicating that the pair remains in uptrend from 1.2865. Another rise to test 1.3480 (Jul 15 high) resistance is possible in a couple of days. On the downside, a clear break below the channel support will signal completion of the uptrend, and the following downward movement could bring price to 1.2900 zone.
For more short term forex analysis and info visit via GBPUSD Daily Analysis - September 13, 2016 . Thanks for your support.
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