The currency pair surged on Monday and broke out 1.2538. 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

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BRC Retail Sales Monitor y/y

Final Services PMI

USD

Trade Balance

Consumer Credit m/m