The currency pair declined on Thursday and has tested the support at 1,2538. GBP/USD stays above this level at the moment of writing.

Closest support areas: 1,2538, 1,2472, 1,2427

Closest resistance areas:

Macroeconomic data

GBP

CB Leading Index m/m

USD

Prelim UoM Consumer Sentiment

Import Prices m/m

Prelim UoM Inflation Expectations