The currency pair developed its downtrend on Thursday and tested the support at 1,2791. GBP/USD stays above this level in the moment of writing.

Closest support areas: 1,2791, 1,2735, 1,2688

Closest resistance areas: 1,2846, 1,2920, 1,2976

Macroeconomic data

GBP

Retail Sales m/m

USD

Empire State Manufacturing Index

Import Prices m/m

Capacity Utilization Rate

Industrial Production m/m

Prelim UoM Consumer Sentiment

Prelim UoM Inflation Expectations