The currency pair declined on Monday and has broken down the support at 1,2538. GBP/USD stays below this level in the moment of writing.

Closest support areas: 1,2472, 1,2427, 1,2378

Closest resistance areas: 1,2538, 1,2585, 1,2615

Macroeconomic data

GBP

Average Earnings Index 3m/y

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USD

FOMC Member Bowman Speaks

Core Retail Sales m/m

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NAHB Housing Market Index

Fed Chair Powell Speaks

FOMC Member Evans Speaks