The currency pair surged on Tuesday and broke out 1.2068. GBP/USD stays above this level at press time.

Closest support areas: 1.2068, 1.1922, 1.1775

Closest resistance areas: 1.2185, 1.2317, 1.2445

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

Core Retail Sales m/m

Retail Sales m/m

Business Inventories m/m

FOMC Meeting Minutes