GBPUSD-While a third-day of upside gains has seen the pair maintain its recovery strength, trading beyond key resistance at the 1.9957/71 zone, its Jan 30’08 high/daily 200 ema is required to re-ignite that recovery towards the 1.2000 level, its psycho resistance followed by the 2.0112 level, its double bottom price objective. Additionally, breaking above the 1.9957/71 zone will also trigger the confirmation of its potential triple bottom clearly seen on the daily chart. The weekly RSI remains in alignment with this view as it is trending higher.Alternatively,on any setback from the present levels, its Feb 14’08 high at 1.9736 will be targeted ahead of the 1.9653/23,its Aug 17’07 high/.50 Ret (1.8091-2.1160 rally)/Jun 08’07 low and then the 1.9507/1.9481 zone, its Weekly 100 ema/Jan 11’08 low. Another solid support resides at the 1.9335/63, its Jan 22’08/Feb 20’08 lows. All in all, GBP must now penetrate and maintain above the 1.9957/71 zone to bring additional upside gains. Directional Bias: Nearer Term -Mixed Short Term -Bullish Medium Term -Bearish Performance in %: Past Week: +1.14.% Past Month: -0.05% Past Quarter: -3.00 % Year-To-Date: +.18%