Favorable chart action provides the bull camp with a slight edge. However, for the Pound to reject the January consolidation low pattern bound by 1.4946 and 1.526 probably requires an all clear on either the Greece situation and or the Ukraine situation and that is an uphill battle. However, a rise above a downtrend channel resistance line at 1.5312 in the March Pound later today, could shift control of the Pound to the bull camp.
