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GBP/USD target 38.2% retrace at 1.5342 next

Wednesday, March 4, 2015 7:44 AM UTC

Pair continues to target 1.5324 fibo retrace (38.2% of 1.4952 - 1.5554)
Scope to 61.8% retrace at 1.5182 below
Close inside Ichimoku cloud Monday improved confidence in bears
Prices have moved below the 21 DMA at 1.5360 today
Offer lowered, now by the cloud top at 1.5389

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GBP/USD target 38.2% retrace at 1.5342 next

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