Forex: GBP/USD eyes 1.5800, ahead of UK GDP

FXstreet.com (Barcelona) - The sterling is navigating in session highs around 1.5785, ahead of the flash UK Q4 GDP due later. Prior surveys expect the economic activity in the British economy to expand 0.2% on a yearly basis and to contract 0.1% QoQ.

As of writing, the pair is up 0.02% at 1.5791 with the next hurdle at 1.5852 (hourly high Jan.24) ahead of 1.5893 (high Jan.21) and finally 1.5905 (MA200d).
On the downside, a break below 1.5754 (low Aug.28) would expose 1.5706 (low Aug.21) and then 1.5678 (low Aug.20).