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Market Overview
The USD/GEL pair closed at 2.69311, slightly down by 0.00% from the previous close, continuing a mild downtrend with a 30-day return of -2.71%. The exchange rate remains near its 20-day SMA of 2.69342, indicating consolidation within a narrow range between 2.69239 and 2.69506. No major economic events are scheduled imminently to influence price action. Technical indicators show the 20/50/200-DMA at approximately 2.69342/–/–, RSI near neutral levels, with nearest support at 2.69239 and resistance at 2.69506. The trend suggests cautious sideways movement with limited momentum. 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.