FX.co ★ GBP/USD - buy above fractal 1.4931 - for March 14, 2013 (daily strategy)

After the British pound had touched the low at 1.4830, it recovered. Now the pair is located above the 1.4931 fractal, which increases the chances of a bullish move towards the area 1.5280 resistance. Therefore, any return of the price of the pair to the daily supports will give us the opportunity to buy this pair. Momentum Indicator was in the mixed area, we believe that there may be a setback before the currency continues the rise.

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