The Pound rose against the Dollar but failed to hold above 1.53 levels after reaching as high as 1.5319. If the pair will breach the 1.5330 resistance level, we might see another wave of gains in the pair. Overall, GBP/USD traded with a low of 1.52 and with a high of 1.5319. Today, the Construction PMI is expected at 48.8 vs. 48.5 previously and later The Nationwide Consumer Confidence is expected at 81 vs. 80 previously.

GBP/USD - Last: 1.5270

Resistance

1.53

1.5330

1.5370

Support

1.5230

1.5180

1.5130

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