The currency pair surged on Monday and tested 1.2472. GBP/USD stays above this level at press time.

Closest support areas: 1.2472, 1.2427, 1.2378

Closest resistance areas: 1.2538, 1.2585, 1.2615

Macroeconomic data

GBP

Flash Manufacturing PMI

Flash Services PMI

BOE Gov Bailey Speaks

USD

Flash Manufacturing PMI

Flash Services PMI

New Home Sales

Richmond Manufacturing Index