An extension of a pattern of higher lows and higher highs leaves the bull camp in control of the Pound. UK CBI February Industrial Output balance, Industrial Order Book balance and price expectation results point to continued progress in the UK economy and that combined with an off balance Dollar leaves the Pound in an upward trajectory. Up-trend channel support in the March Pound is seen down at 1.5333 but that support channel moves up to 1.5365 on Friday.
