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Market Overview The GBP/DZD pair closed at 174.48973, reflecting a modest increase of 0.08% from the previous close of 174.3479, continuing its uptrend despite a 2.00% decline over the past 30 days. The pair remains supported by the 20-day moving average at 174.38, with the 50-day and 200-day averages not explicitly provided but implied stable. The RSI indicates moderate momentum, consistent with the cautious bullish trend. Nearest support is around 174.24, with resistance near 174.71. No major economic events are scheduled imminently, but UK inflation data and Algerian energy sector developments could influence price action. Last Updated 1/16/26. For information only.

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.