GBPUSD orders 12 Jan

Currently 1.2307 enjoying the post-Trump fallout

Offer into 1.2300 now taken out in a rush. More offers all the way up. Expect bids to build now into 1.2280 then 1.2250.

I remain a rally seller but patience will be a virtue for the moment after yesterday's test of 1.2000 provided great short-covering opportunity. Will be ready to jump back in though if we lose momentum.

Offers:1.2280 1.2300 1.2325-30 1.2360 1.2380 1.2400 1.2430 1.2450

Bids: 1.2250 1.2230 1.2200 1.2180 1.2165 1.2150 1.2125-30 1.2100

Best in 2026

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