GBPUSD Daily Analysis – February 17, 2014

GBPUSD broke above 1.6668 resistance and the upward movement from 1.6252 extends to as high as 1.6822. Support is now at 1.6670, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.6900 area.

gbpusd chart