The currency pair fluctuated in a range on Thursday. GBP/USD stays above 1.2255 at press time.

Closest support areas: 1.2255, 1.2175, 1.2102

Closest resistance areas: 1.2312, 1.2378, 1.2427

Macroeconomic data

GBP

GfK Consumer Confidence

Retail Sales m/m

MPC Member Pill Speaks

USD

FOMC Member Bullard Speaks

Revised UoM Consumer Sentiment

New Home Sales

Revised UoM Inflation Expectations