GBPUSD Analysis 9-January-2025
The parity continues to be under pressure. If 1.23 is broken below, we may see pressure towards 1.22. From a technical perspective, as long as it remains below 1.26, we expect the outlook to remain weak and upward movements to provide a selling opportunity.
| Resistance | 1.2370 | 1.2480 | 1.2600 |
| Support | 1.2300 | 1.2250 | 1.2200 |
