The currency pair declined on Thursday and has tested 1.2427 support area. GBP/USD stays above this level at press time.

Closest support areas: 1.2427, 1.2378, 1.2312

Closest resistance areas: 1.2472, 1.2538, 1.2585

Macroeconomic data

GBP

GfK Consumer Confidence

Retail Sales m/m

Public Sector Net Borrowing

USD

Current Account

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