FXstreet.com (Barcelona) - The Pound has rocketed 75 pips from levels around 1.5025, breaking previous intra-day high at 1.5065 to reach 1.5097 high so far minutes after PMI Construction data was released.
PMI Construction has increased to 38.9 in April from 30.9 in March, well above the market consensus of a 31.7 reading.
On the upside, the Pound could find resistance at 1.5080 and above there, 1.5185 and 1.5285. On the downside, support levels could lie at 1.4985 and below there, probably 1.4950, 1.4915 (May 1 NY close).
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