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Forex: GBP/USD orbiting around 1.5100

FXstreet.com (Barcelona) - The sterling is trading in the vicinity of the key level of 1.5100 on Monday, basically unaffected about the recent bailout in Cyprus and its consequences so far.
After dipping to the proximities of 1.5070 overnight, the pound managed to push higher to the area of 1.5115, just to retreat afterwards.

At the moment, the cross is losing 0.15% at 1.5099 with the next support at 1.5069 (hourly low Mar.15) followed by 1.5011 (MA10d) and finally 1.4965 (low Mar.7).
On the flip side, a breakout of 1.5135 (MA21d) would bring 1.5200 (high Mar.5) and then 1.5223 (high Feb.28).

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