The currency pair surged on Wednesday and broke out 1.3071. GBP/USD stays above this level at press time.

Closest support areas: 1.3130, 1.3071, 1.3018

Closest resistance areas: 1.3180, 1.3224, 1.3273

Macroeconomic data

GBP

RICS House Price Balance

BOE Credit Conditions Survey

USD

Core Retail Sales m/m

Retail Sales m/m

Unemployment Claims

Import Prices m/m

Prelim UoM Consumer Sentiment

Business Inventories m/m

Prelim UoM Inflation Expectations

FOMC Member Mester Speaks