FXStreet (Mumbai) - The GBP/USD pair rose to 1.5115 after having taken out the hourly 50-MA level at 1.5097 levels and is now eyeing the 1.5120 (23.6% of 1.5336-1.5035). Eyes UK GDP The traders now await the UK Q3 GDP figure due for release tomorrow. Pound was on a strong footing yesterday after the UK BOR revised its 2016 GDP higher. The UK GDP is seen unchanged at 2.3% y/y and 0.5% q/q. The trading activity could stay lackluster till Friday’s London morning. It remains to be seen if the pair takes out 23.6% fib level or falls back to sub-1.51 levels ahead of the UK GDP figure. GBP/USD Technical Levels At 1.5115, the immediate resistance is located at 1.5120 (23.6% of 1.5336-1.5035), above which the pair could target 1.5163 (Sep 4 low). On the lower side, the hourly 50-MA at 1.5097 could offer support, under which the pair could revisit the daily low at 1.5066. For more information, read our latest forex news.