GBPUSD's rise from 1.4950 extended to as high as 1.5439. Further rise is still possible after a minor consolidation, and next target would be at 1.5500 area. Near term support is at the bottom of the price channel on 4-hour chart, and the key support is at 1.5195, only break below this level could bring price back to 1.5000 zone.

For more short term forex analysis and info visit via GBPUSD Daily Analysis - February 17, 2015 . Thanks for your support.
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