Forex: GBP/USD extends the correction below 1.5450

FXstreet.com (Barcelona) - The sterling is following its European peer, trading in a soft tone and extending the pessimism from Thursday’s sell-off.
Ahead in the day, the trade balance results in the UK are due, with prior surveys expecting March’s trade deficit to narrow to £9.0 billion from £9.416 billion in the previous month.

As of writing, the cross is losing 0.10% at 1.5432 with the next support at 1.5426 (low May 9) ahead of 1.5418 (low Apr.26) and then 1.5410 (MA21d).
On the flip side, a surpass of 1.5447 (low May 7) would bring 1.5471 (low May 8) and finally 1.5492 (MA10h).