GBPUSD forex technical analysis 13 March 2015
It's looking less than rosy for Her Majesty's pound right now as we go through the March 2013 lows at 1.4830 to 1.4807
With this next big level at 1.4812 it's going to be an important area for the direction of the pound. Fail here and there's not an awful lot in the way between here and the low 1.42's
GBP/USD weekly chart
The moves are coming from the UK side and rate expectations rather than from the dollar side. I'm going to think about trimming my current cable longs if we break here or I may just run a separate short for a break play
