The currency pair went upwards on Wednesday and has reached the resistance at 1,2846. We think that GBP/USD is likely to test it again on Thursday. The currency pair stays above the descending trend line.

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

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

Macroeconomic data

GBP

Net Lending to Individuals m/m

Mortgage Approvals

USD

Personal Spending m/m

Core PCE Price Index m/m

Personal Income m/m

Unemployment Claims

Pending Home Sales m/m

FOMC Meeting Minutes