GBPUSD Analysis 17-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. Below, the 1.2100/1.2050 band can be monitored as support.
| Resistance | 1.2250 | 1.2300 | 1.2330 |
| Support | 1.2150 | 1.2100 | 1.2050 |
