GBP/USD approaching key resistance at 1.2440, possible breakout or continued downtrend

From Investing.com: 2025-01-24 10:28:00

The Cable is showing signs of a rebound, testing trendline resistance at 1.2440. A break above could indicate a shift in momentum, targeting 1.2600 next. However, a rejection may keep the pair under downward pressure.



Read more at Investing.com: GBP/USD Analysis: Key Resistance at 1.244, Breakout or Continued Downtrend?