The currency pair fluctuated in a range on Friday and has broken the support at 1,2312. GBP/USD stays below this level in the moment of writing. The downtrend still prevails the market.

Closest support areas: 1,2255, 1,2175, 1,2102

Closest resistance areas: 1,2312, 1,2378, 1,2427

Macroeconomic data

GBP

Current Account

Final GDP q/q

Mortgage Approvals

Net Lending to Individuals m/m

Revised Business Investment q/q

USD

Chicago PMI