The currency pair surged on Monday and tested 1.2585. GBP/USD stays below this level at press time.

Closest support areas: 1.2538, 1.2472, 1.2427

Closest resistance areas: 1.2585, 1.2615, 1.2653

Macroeconomic data

GBP

Public Sector Net Borrowing

Flash Manufacturing PMI

Flash Services PMI

CBI Realized Sales

MPC Member Tenreyro Speaks

USD

Flash Manufacturing PMI

Flash Services PMI

New Home Sales

Richmond Manufacturing Index

Fed Chair Powell Speaks