The Pound keeps its bearish trend

The Pound versus the Dollar retraces above the 1.5100 level, but its bearish trend is still in place. The pair may try to fall to the 1.5000 level, which could act as its next support. To the upside, the 1.5200 level could act as resistance, but we don’t have real strong fundamentals to merit a rally above current levels. The pair has been respecting the round number levels, therefore it pays to be attentive of those zones for possible entry opportunities.