The currency pair went upwards on Wednesday and has broken out the resistance at 1,2427. GBP/USD stays above this level in the moment of writing.

Closest support areas: 1,2427, 1,2378, 1,2312

Closest resistance areas: 1,2472, 1,2538, 1,2585

Macroeconomic data

GBP

Retail Sales m/m

BOE Credit Conditions Survey

USD

Philly Fed Manufacturing Index

Unemployment Claims

CB Leading Index m/m

FOMC Member Williams Speaks