The currency pair declined on Wednesday and has broken down the support at 1,2946. GBP/USD stays below this level at the moment of writing.

Closest support areas: 1.2888, 1,2843, 1,2789

Closest resistance areas: 1,2946, 1,3018, 1,3071

Macroeconomic data

GBP

Retail Sales m/m

CBI Industrial Order Expectations

USD

Philly Fed Manufacturing Index

Unemployment Claims

CB Leading Index m/m