GBPUSD 2.12.2025
Bias:
A strong rebound has carried price into a sensitive supply band at 1.3216–1.3251 (former support turned resistance). Pullbacks from this area are normal after the recent rally.
Base case:
Bullish: A clear break/hold above 1.3251 opens 1.3330.
Bearish: Holding below 1.3216 keeps the door open for 1.3042 then 1.3010.
Key levels:
Resistance: 1.3216 – 1.3251
Support: 1.3042 – 1.3010
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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