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Market Overview
The GBP/KWD pair closed at 0.41163, reflecting a marginal increase of 0.01% from the previous close but continuing a downtrend with a 30-day return of -6.31%. Price remains near the 20-day SMA at 0.41162 and slightly above the 50-day SMA, while below the 200-day SMA, consistent with bearish momentum. The RSI indicates subdued strength, and key support is identified near 0.41123 with resistance around 0.41197. No major economic events are scheduled imminently, though ongoing UK economic data and Middle East geopolitical developments may influence price action. Technical indicators suggest consolidation within a narrow range amid moderate liquidity. For information only.
Last Updated 1/22/26

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.