GBPUSD Daily Analysis – February 20, 2015

GBPUSD remains in uptrend from 1.4950, the fall from 1.5479 is likely consolidation of the uptrend. Support is at 1.5315, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.5500 area. Only break below 1.5315 support could bring price back to 1.5000 zone.

gbpusd chart