​​
\definebar[urlbar][underbar]

\setupurl[style=\mono\urlbar,color=blue]

​Interesting, thank you, Hans, it indeed works as expected.  Could you supplement this with some explanations, i.e. why this one works compared to using plain `underbar'?​  I assume that the `color' key is overridden 
by `setupurl' in the case of `urlbar' but not in the case of `underbar', why?

Regards,
Alexander