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Back Technical analysis
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Back Technical analysis
GBP/USD Forecast on January 28, 2026
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair continued its upward movement on Tuesday and by the end of the day was trading near the 1.3845 level. A rebound from this level worked in favor of the US dollar and led to a moderate decline toward the Fibonacci 161.8% level at 1.3755. A rebound from the 1.3755 level would allow traders to expect a resumption of the pound's growth toward the 1.3845 and 1.3931 levels. A consolidation below 1.3755 would increase
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
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Grigory Sokolov
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