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January 9, 2025

GBP/USD: Key Levels to Watch at 1.2220 and 1.2135

The GBP/USD currency pair is currently showing a continued phase of correction after breaking below the low of 1.2480 established in November. According to analysts at Societรฉ Gรฉnรฉrale, the next significant objectives for this pair are projected at 1.2220 and 1.2135. Traders need to pay close attention to these levels, as they could signal further declines or potential reversals. As uncertain market conditions persist, GBP/USD remains vulnerable to shifts in investor sentiment and economic developments. The coming days will be crucial in determining GBP/USD’s trajectory.

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