The Pound declined versus the Dollar and seems like investors keep away from the Sterling until they get a clearer view about it after the UK elections coming on May 6. Breaking below the support level of 1.5080 will accelerate the negative momentum for the pair. Overall, GBP/USD traded with a low of 1.5089 and a high of 1.5263. Today, Construction PMI is expected at 53.5 vs. 53.1 previously. Today, the Construction PMI is expected at 53.5 vs. 53.1 previously.

GBP/USD - Last: 1.5145

Resistance

1.5150

1.5230

1.5280

Support

1.5090

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