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GBP/USD backing away from 1.5490 cloud top

Tuesday, February 24, 2015 1:24 PM UTC

Cable backing away from 1.5490 cloud top despite hawkish BoE rhetoric but
Pair has scope to test the mid-1.52s in the near term
GBP/USD failed at 1.5475 last session and has an easier bias today
1.5481 = 23.6% 1.7192-1.4952, July/Jan fall, and the cloud just above

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GBP/USD backing away from 1.5490 cloud top

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