Steve Miley of MarketChartist,mentions that as long as GBP/USD base at 1.15190 is intact the positive bias for a push higher remains for the pair.
Key Quotes
“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 1.5190 and 1.5139 to leave risk for challenges higher.”
Key Quotes
“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 1.5190 and 1.5139 to leave risk for challenges higher.”
