GBP/USD. September 15, 2020 – Pound recovers moderately after long decline Although the GBP/USD pair remains in a downward trend, it has been showing signs of recovery since the beginning of this week, responding to the positive British statistics. The current quote for the pair is 1.2890. The UK released several economic reports this morning to support the pound. In particular, in July the growth of the average wages amounted to -1.0% against the forecast of -1.3%. The number of applications for unemployment benefits also fell in August. The actual number of requests was 73.7 thousand, while the forecasts assumed an increase to 100 thousand. Unemployment remained at the same level of 4.1%. At the same time, the US dollar is under pressure from the protracted dispute in the US Congress over the issue of an additional package of monetary stimulus measures. In the evening hours, you should pay attention to the data on industrial production in the United States. Experts predict a slowdown in the decline in production from -8.2% to -6.1%, which may support the dollar. The RSI indicator continues to rise towards the resistance zone, which signals the continued growth of the pound to the level of 1.29 and subsequent consolidation in this area.