The currency pair surged on Thursday and tested 1.2378. GBP/USD stays below this level at press time.

Closest support areas: 1.2255, 1.2175, 1.2102

Closest resistance areas: 1.2312, 1.2378, 1.2427

Macroeconomic data

GBP

MPC Member Tenreyro Speaks

BOE Quarterly Bulletin

USD

Fed Chair Powell Speaks

Capacity Utilization Rate

Industrial Production m/m

CB Leading Index m/m

Fed Monetary Policy Report