Loading...
Loading...
Market Overview
The USD/GBP pair closed most recently at 0.74621, reflecting a slight increase of 0.02% from the previous close of 0.74604, yet maintaining a downtrend as indicated by a 30-day return of -0.16%. The pair remains below the 20-day SMA of 0.74661 but above the 5-day SMA of 0.74597, with the 50-day and 200-day SMAs not explicitly provided. The RSI suggests mild bearish momentum. Nearest support is near 0.7455, while resistance is around 0.7478. Upcoming economic data releases, including US nonfarm payrolls and UK GDP figures, may influence price action. Overall, technical and fundamental factors point to continued bearish pressure with limited upside. For information only.
Last Updated 1/29/26

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.