The currency pair plunged on Thursday and tested 1.2427. 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

Nationwide HPI m/m

USD

Core PCE Price Index m/m

Employment Cost Index q/q

Personal Income m/m

Personal Spending m/m

Chicago PMI

Revised UoM Consumer Sentiment

Revised UoM Inflation Expectations