The currency pair surged on Tuesday and tested 1.2445. GBP/USD stays above this level at press time.

Closest support areas: 1.2392, 1.2317, 1.2185

Closest resistance areas: 1.2445, 1.2504, 1.2561

Macroeconomic data

GBP

BOE Gov Bailey Speaks

BOE Gov Bailey Speaks

USD

CPI m/m

CPI y/y

Core CPI m/m