The currency pair surged on Monday and broke out 1.2312. GBP/USD stays above this level at press time.

Closest support areas: 1.2312, 1.2255, 1.2175

Closest resistance areas: 1.2378, 1.2427, 1.2472

Macroeconomic data

GBP

Average Earnings Index 3m/y

Claimant Count Change

Unemployment Rate

MPC Member Cunliffe Speaks

USD

FOMC Member Bullard Speaks

Core Retail Sales m/m

Retail Sales m/m

Capacity Utilization Rate

Industrial Production m/m

Business Inventories m/m

NAHB Housing Market Index

Fed Chair Powell Speaks

FOMC Member Mester Speaks