The Pound strengthened against the Dollar after a poll showed the opposition Conservatives' lead over the Labor Party widened, easing concern that next month's elections will produce a government too weak to cut the budget deficit. The GBP/USD has broken the resistance at 1.5400 levels as long it's trading above that level a long position is preferred. Overall, GBP/USD traded with a low of 1.5385 and with a high of 1.5523. No economic data expected today.

 GBP/USD - Last: 1.5430

Resistance

1.5450

1.5490

1.5525

Support

1.5385

1.5350

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