GBPUSD Analysis 16-January-2025
As long as the parity remains below 1.2330 from a technical perspective, we expect the outlook to remain weak and upward movements to provide a selling opportunity. If 1.22 is broken below, pressure will increase.
| Resistance | 1.2250 | 1.2300 | 1.2330 |
| Support | 1.2200 | 1.2150 | 1.2050 |
