The firm February recovery effort above the key 1.5270 level (which capped back in mid-January), completed a short-term base, for a broader consolidation phase, with a very near term positive tone.
Despite the setback from Friday, modest supports are holding at 15190 and 1.5139 to leave risk for challenges higher.
A taster of the report above. To view the full GBPUSD report with screencasts, levels and more, click here
Remember, for a FREE trial of our FX and all other reports, sign up by clicking here
2 Hour GBPUSD Chart