The currency pair declined on Tuesday but went upwards sharply later and has broken out the resistance at 1,2069. GBP/USD stays above this level in the moment of writing.

Closest support areas: 1,2069, 1,2028, 1,1978

Closest resistance areas: 1,2119, 1,2164, 1,2206

Macroeconomic data

GBP

Services PMI

Inflation Report Hearings

USD

Trade Balance

FOMC Member Williams Speaks

IBD/TIPP Economic Optimism

Wards Total Vehicle Sales

FOMC Member Bullard Speaks

Beige Book

FOMC Member Evans Speaks