GBPUSD Daily Analysis – February 24, 2015

GBPUSD is facing 1.5479 resistance, a break of this level will signal resumption of the uptrend from 1.4950, then next target would be at 1.5500 area. Support is at 1.5315, only break below this level will indicate that the uptrend had completed at 1.5479 already, then deeper decline to 1.5000 area could be seen.

gbpusd chart