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GBPUSD 15.1.2025
General Trend:
The pair is trading in a downtrend after breaking key support levels. The price is currently near 1.22241, with resistance at 1.24841 and support at 1.20899 and 1.20299.
Expected Scenario:
Bullish Scenario: If the price manages to climb back above 1.24841, it may target the 1.2700 level.
Bearish Scenario: Remaining below 1.22241 could lead to a drop towards the support levels at 1.20899 and 1.20299.
Key Levels:
Resistances: 1.24841 - 1.2700
Supports: 1.22241 - 1.20899 - 1.20299
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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