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Market Overview
The GBP/MWK pair closed at 2318.76431, reflecting a slight increase of 0.01% from the previous close, consistent with the current uptrend. Over the past 30 days, the pair has experienced a minor decline of 0.32%, maintaining a narrow trading range between 2317.25 and 2318.97. No significant upcoming economic events are noted to impact price action imminently. Technically, the 20-day SMA stands at 2318.53, with the 50-day and 200-day moving averages not specified but the trend remains upward. The RSI indicates mild momentum, with nearest support near 2317.25 and resistance around 2318.97. 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.