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Market Overview
GBP/NOK closed at 13.51108 on January 18, 2026, reflecting a slight increase of 0.01% from the previous close and continuing its uptrend over the past 30 days with a 0.24% gain. The pair has traded within a recent range of 13.4965 to 13.51307, supported by steady momentum and positive market sentiment. Upcoming UK GDP data and Norwegian oil production reports may influence price action given their economic significance. Technical indicators show the 20-, 50-, and 200-day moving averages clustered near 13.5088, with an RSI indicating moderate strength. Nearest support is at 13.50 and resistance at 13.55. 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.