Daily Technical Analysis Of GBPUSD - Tuesday, Jan. 24

Jan 24, 2023 at 10:08 AM EST

Looking at GBPUSD’s chart, we can see that GBPUSD regained ground, and consequently traded above the level of $1.24.

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Spotlight on GBPUSD. The latest daily technical analysis by AAATrade reveals the key support and resistance levels that each of these assets is likely to reach today. Look at the charts and our market analysts’ observations below and gain a fresh perspective on trading.

GBPUSD

Looking at GBPUSD’s chart, we can see that GBPUSD regained ground, and consequently traded above the level of $1.24.

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. In the case where the forex pair passes its resistance level, then it will reach a new high rate for the year.

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AAATrade's Daily Technical Analysis of GBPUSD – 24/01/2023

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