The currency pair plunged on Friday and tested the 1.2312 support area. GBP/USD stays above this level at press time.

Closest support areas: 1.2312, 1.2255, 1.2175

Closest resistance areas: 1.2378, 1.2427, 1.2472

Macroeconomic data

GBP

Nationwide HPI m/m

Mortgage Approvals

Net Lending to Individuals m/m

BOE Gov Bailey Speaks

MPC Member Vlieghe Speaks

USD

Pending Home Sales m/m