“Unleashing the Potential: A Look at the GBP/USD Forecast for January 23rd, 2025”
GBPUSD Downtrend Continues as Resistance Holds Technical Analysis: GBPUSD managed to stay below the second resistance level of 1.2375, indicating that the downtrend pressure is still intact. The chart clearly shows that as long as the market remains below 1.2375, the downward pressure is likely to continue towards the support zone of 1.2035-1.2085. Market Implications:…