The currency pair plunged on Wednesday and broke down 1.2392. GBP/USD stays below this level at press time.

Closest support areas: 1.2317, 1.2185, 1.2068

Closest resistance areas: 1.2392, 1.2445, 1.2504

Macroeconomic data

USD

Prelim GDP q/q

Prelim GDP Price Index q/q