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GBP/USD eyes offers at 1.51

Monday, March 9, 2015 8:59 AM UTC

1.5090 = high water-mark since cable fell to 5week low of 1.5025 early Asia
Climb to 1.5090 influenced by some profit-taking on long USD positions
Pre-weekend low 1.5032, after USD lifted by NFP
Cable offers seen at 1.51, with 1.5150 among resistance levels beyond
1.5150 = 23.6% fibo of 1.5554 (Feb 26 high) to 1.5025

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GBP/USD eyes offers at 1.51

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