Forex Trading Library

GBP/USD –12.02.2025

Technical Analysis

By Rami Abu-Draa Last updated Feb 12, 2025

GBPUSD managed to sustain trades above the trend support as we see over the chart.

As long as prices hold above 1.2320-30, then the uptrend wave could sustain toward 1.2550-1.2600 and 1.2810.

Below 1.2250 more of a drop could hit the market with support around 1.2085.

	SUPPORT	RESISTANCE
LEVEL1	1.2320-30	1.2550-1.2600
LEVEL2	1.2250	1.2720
LEVEL3	1.2085	1.2810

Join our responsible trading community - Open your Orbex account now!

Pound Sterling (GBP)

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

Gold–12.02.2025

Crude Oil –12.02.2025