Forex Trading Library

GBP/USD –13.01.2025

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GBPUSD hit the targets of 1.2300 and 1.2185.
As we see over the chart, the market is facing support around 1.2035 where as long as prices keep holding above it, a rebound correction toward the 1.2210-60 resistance zone will be expected.
Below 1.2035, the market could head for a further drop toward 1.1805.

SUPPORT RESISTANCE
LEVEL1 1.2035 1.2210-60
LEVEL2 1.1915 1.2375
LEVEL3 1.1805 1.2540

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