March British pound futures a buying opportunity on more price strength.
See on the daily bar chart for March British pound futures that prices are in a solid uptrend and have recently hit a fresh contract high. The bulls are in firm control. A move above chart resistance at the contract high of 1.6570 would become a buying opportunity. The upside price objective would be 1.6900, or above. Technical support, for which to place a protective sell stop just below, is located at 1.6400.
