GBPUSD Daily Analysis – February 16, 2015

GBPUSD remains in uptrend from 1.4950, and the rise extended to as high as 1.5435. Further rise could be expected, and next target would be at 1.5500 area. Support is at 1.5195, only break below this level could bring price back to 1.5000 zone.

gbpusd chart