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Market Overview
The GBP/QAR pair closed at 4.87988, reflecting a modest increase of 0.09% from the previous close and continuing its uptrend over the past 30 days with a 0.43% gain. The pair has traded within a range of 4.85674 to 4.88275 during this period, supported by a 20-day SMA of 4.8761 and a 50-day SMA near the same level, indicating steady upward momentum. The 200-day SMA is not provided, but the RSI suggests moderate strength. Nearest support is around 4.8567, with resistance near 4.8827. No significant upcoming events are noted to impact price action imminently. 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.