The Pound fell versus the dollar for a second day and trades near the 1.52 zone as investors realizing profits after the rally it made last week. The momentum seems to remain positive for the pair as holding above the major support level at 1.5180. Overall, GBP/USD traded with a low of 1.52 and with a high of 1.5349. Today, Prelim Mortgage Approvals is expected at 52K vs. 50k previously. The CBI Industrial Trends Orders is expected at -25 vs. -23 previously.

GBP/USD - Last: 1.5253

Resistance

1.5270

1.5385

1.5470

Support

1.5200

1.5150

1.5100

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