GBP / USD: Despite better-than-expected data from the United Kingdom, GBP-related pricing was somewhat disappointing as the currency failed to peak at the beginning of the year. This means that the outlook remains positive for GBP / USD, which is still on an upward trend. If the news flow is relatively light, the GBP will focus on the Treasury Selection Committee, which is scheduled to feature BoE Bailey, Haldane, Saunders and Cunliffe (1530BST). On top is the resistance at 1.4200-10, with 1.4230-40 at the top, while the support is at 1.4100 and 1.4000.
GBP / USD chart: daily schedule
EUR / GBP:Pricing operations have been late in the end, falling within a well-defined trading area. This means that while the gap is unlikely to break in the short term, upside risks are rising as EU / UK 5-year real exchange rates become higher. However, prejudices would mean the disappearance of lower and higher ranges at present.
EUR / GBP vs EU / UK 5-year real prices
EUR / GBP chart: daily schedule