The GBP/USD continues much undecided

The Pound versus the Dollar stays in a range between the 1.5127 as support and the 1.5241 as resistance. The current consolidation seems to be a resting zone for the pair to continue going lower, but for the pair to continue with its bearish trend, this week’s fundamentals out of the US should come out better than expected and the Dollar should strengthen. Actually, there is no clear trend until the pair breaks above the 1.5300 level, which could mean a possible bullish retracement or below the 1.5100 level, which could confirm a continuation of its bearish trend.