FXstreet.com (Barcelona) - The sterling is following the prevailing offered tone in riskier assets on Monday, testing session lows in the vicinity of 1.5180 after briefly hitting levels above 1.5200 overnight.

Interesting week ahead for the sterling, as manufacturing and services PMI prints plus the BoE MPC meeting are due, although traders expect the repo rate and the asset purchase programme to remain unchanged.

As of writing, the cross is down 0.05% at 1.5185 with the next support at 1.5112 (low Mar.28) followed by 1.5092 (low Mar.27) and then 1.5090 (low Mar.21).
On the upside, a surpass of 1.5207 (high Mar.26) would bring 1.5280 (high Mar.25) en route to the psychological level of 1.5300