The currency pair surged on Tuesday and tested 1.2472. GBP/USD stays below 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

CPI y/y

Core CPI y/y

PPI Input m/m

PPI Output m/m

RPI y/y

HPI y/y

USD

Building Permits

Housing Starts