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Market Overview
The GBP/COP pair closed at 4976.60, showing a marginal decline of 0.00% compared to the previous close, consistent with a minor pullback within an overall uptrend. Over the past 30 days, the pair has experienced a slight negative return of -0.07%, yet the trend remains upward as indicated by the 5-day SMA at 4977.21 above the 20-day SMA of 4976.36. Technical indicators show the 20/50/200-DMAs near 4976.36/—/—, with RSI reflecting mild momentum. Nearest support is around 4973.76 and resistance near 4985.23. No major economic events are scheduled imminently to disrupt this pattern. For information only.
Last Updated 1/16/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.