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GBP/USD should drop towards the 1.2320 level

by GBP Editor
January 24, 2023
in GBP
Reading Time: 1 min read

Today, the FX pair could rest its resistance level at around $1.2420-1.2435, but if it is unable to break through it, then it should drop towards its support level which is located at around $1.2320.

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GBP Editor
Latest posts by GBP Editor (see all)
  • GBP/USD Weekly Forecast: Eyes big technical breakout with both central banks scheduled to meet - January 27, 2023
  • Pound US Dollar Exchange Rate News: GBP/USD Weakened on Fears over UK Economic Growth Plans - January 27, 2023
  • GBP/USD Forecast: Technicals fail to provide a directional clue - January 27, 2023
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