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Market Overview The GBP/UGX pair closed at 4670.96 on January 20, 2026, slightly down by 0.02% from the previous close of 4672.12, continuing its downtrend as reflected in recent price action. Over the past 30 days, the pair gained 3.14%, with a high of 4745.91 and a low of 4626.87, indicating some volatility within a bearish context. No major upcoming economic events are currently expected to significantly impact price action. Technical indicators show the 20-day SMA at 4673.26, 50-day SMA near 4672.23, and 200-day SMA not specified but consistent with a downtrend; the RSI suggests weakening momentum. Nearest support is around 4627, with resistance near 4746. Last Updated 1/22/26. For information only.

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.