GBP/USD Review, July 12, 2022 | worldforex
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GBP/USD Review, July 12, 2022
12 July 2022

 

\WF\12.07.22\gbp 12.07.22.png

The currency pair plunged on Monday and broke down 1.1908. GBP/USD stays below this level at press time.

Closest support areas: 1.1839, 1.1752, 1.1662

Closest resistance areas: 1.1908, 1.1958, 1.2024

Macroeconomic data

GBP

BRC Retail Sales Monitor y/y

MPC Member Cunliffe Speaks

BOE Gov Bailey Speaks

USD

NFIB Small Business Index

IBD/TIPP Economic Optimism

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