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Market Overview
The GBP/NAD pair closed at 21.98901, up 0.16% from the previous close of 21.95424, reflecting a modest increase amid a prevailing downtrend. Over the past 30 days, the pair has traded between 21.93793 and 22.02241, showing limited upward momentum but remaining under bearish pressure. No major economic events are scheduled imminently to significantly impact price action. Technically, the 20-, 50-, and 200-day moving averages stand near 21.9622, with the RSI indicating subdued momentum. Nearest support is at 21.94, while resistance is around 22.02. The overall outlook remains cautious with potential for continued consolidation. 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.