GBP/MAD 12.33889

Market Overview

Market Overview The GBP/MAD pair closed at 12.33889 on January 18, 2026, reflecting a slight increase of 0.01% from the previous close, consistent with its ongoing uptrend. Over the past 30 days, the pair has shown modest appreciation with a 0.80% return, trading within a narrow range between 12.3308 and 12.33916. The outlook remains cautiously optimistic, supported by steady UK economic data and stable Moroccan fundamentals, with no major economic events immediately forthcoming. Technically, the 20-, 50-, and 200-day moving averages stand close at 12.3375, indicating support near 12.33 and resistance around 12.34. The RSI suggests mild bullish momentum, reinforcing the current trend. For information only. Last Updated 1/22/26