The currency pair surged on Monday and has broken out 1.2585 resistance area. GBP/USD stays above this level at press time.

Closest support areas: 1.2653, 1.2615, 1.2585

Closest resistance areas: 1.2693, 1.2733, 1.2789

Macroeconomic data

GBP

Claimant Count Change

Average Earnings Index 3m/y

Unemployment Rate

USD

Core Retail Sales m/m

Retail Sales m/m

Capacity Utilization Rate

Industrial Production m/m

Fed Chair Powell Testifies

Business Inventories m/m

NAHB Housing Market Index

FOMC Member Clarida Speaks