GBP/USD Analysis (September 13)

July low (1,5780) has offered some support to the pair but we the downside pressure remains intense.
It is worth noting that the pair has been resilient to the US Dollar bounce and the long term range remains intact as long as 1,5780 is support.
Next target to the downside is given by the December low at 1,5350 corresponding to a congestion area. We hold a bearish bias on the pair for the weeks ahead.