The currency pair surged on Monday and tested 1.2185. GBP/USD stays below this level at press time.

Closest support areas: 1.2068, 1.1922, 1.1775

Closest resistance areas: 1.2185, 1.2317, 1.2445

Macroeconomic data

GBP

MPC Member Pill Speaks

BRC Retail Sales Monitor y/y

USD

NFIB Small Business Index

Fed Chair Powell Speaks

Final Wholesale Inventories m/m