GBPUSD Intraday Analysis 8-January-2025
We are watching sharp declines in the parity. At this stage, if 1.23 is broken below, 1.22 can be targeted. From a technical perspective, as long as it remains below 1.2480 and 1.26, we expect the outlook to remain weak.
| Resistance | 1.2480 | 1.2550 | 1.2600 |
| Support | 1.2300 | 1.2250 | 1.2200 |
