Forex Trading Library

GBP/USD –22.01.2025

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GBPUSD managed so far to keep below the second resistance of 1.2375 which is still holding the downtrend pressure.
As we see over the chart and as long as the market keep holding below 1.2375, the pressure could sustain to test the 1.2035-85 support zone.
Above 1.2395 more advance to test 1.2575 resistance zone could hit the market.

SUPPORT RESISTANCE
LEVEL1 1.2165 1.2375-95
LEVEL2 1.2085 1.2575
LEVEL3 1.2035 1.2665

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