GBP/USD consolidates around 1.5200

FXStreet (San Francisco) - The GBP/USD is consolidating levels around 1.5200 following the latest bullish movement from the 1.5060 traded in the European session.

Currently, GBP/USD is trading at 1.5196, up 0.65% on the day, having posted a daily high at 1.5226 and low at 1.5060. The hourly FXStreet OB/OS Index is showing overbought conditions, alongside the FXStreet Trend Index which is slightly bullish.

GBP/USD levels

The pair remains trading around 1.5200, if the GBP/USD retraces below that area, it will find buyers at 1.5175, 1.5150 and 1.5100. To the upside, sellers are at 1.5210, 1.5220 and 1.5260.