The currency pair surged on Wednesday 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

USD

Prelim GDP q/q

Unemployment Claims

Prelim GDP Price Index q/q

Pending Home Sales m/m