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Market Overview
The GBP/USD pair closed at 1.34197 on January 20, 2026, marking a slight increase of 0.04% from the previous close of 1.3414. Despite this modest gain, the overall trend remains a downtrend, consistent with recent price action and the under-chart summary. Over the past 30 days, the pair has shown a small positive return of 0.09%, trading between a high of 1.34348 and a low of 1.34028. Upcoming UK and US economic data releases may influence price movements. Technical indicators show the 20-day moving average at 1.34253, the 50-day near 1.34195, and the 200-day above these levels, with an RSI indicating neutral momentum. Nearest support is around 1.3403 and resistance near 1.3435. 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.