The currency pair plunged on Monday and tested 1.2789 support area. GBP/USD stays above this level at press time.

Closest support areas: 1.2789, 1.2733, 1.2683

Closest resistance areas: 1.2843, 1.2888, 1.2946

Macroeconomic data

GBP

Public Sector Net Borrowing

BOE Gov Bailey Speaks

CBI Industrial Order Expectations

USD

FOMC Member Williams Speaks

Existing Home Sales

Richmond Manufacturing Index

Fed Chair Powell Testifies