GBP/USD Buy Above 1.5905 For September 06, 2012 (Daily Strategy) 2012-09-11
The pound sterling is trading inside the bullish channel and, according to technical analysis, it is tend to have an upright tilt. So it's probably a consolidation at current price levels or a correction to 1.5905 support. Since the trend is up, we recommend buying at support levels with objectives to weekly resistance 1.6087.
