GBP/USD –13.01.2025

GBP/USD –13.01.2025

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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