Technical analysis of GBP/USD 01/02/2025

The GBP/USD currency pair is in a downtrend on (1D).

The pair has broken through the support of 1.2500 and is currently trading in the 1.2400 area.

The technical picture suggests the development of a downtrend with a target of 1.2160.

The resistance is the 1.2500 level area.

GBPUSD_STPDaily

Created by Joshua Hayn

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