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Back Technical analysis
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Back Technical analysis
GBP/USD Forecast on February 3, 2026
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair continued its decline on Monday and reached the support level of 1.3611–1.3620. A rebound from this zone worked in favor of the British pound and marked the beginning of growth toward the 161.8% corrective level at 1.3755. Consolidation above 1.3755 would increase the likelihood of further growth toward the next levels at 1.3845 and 1.3931. The wave situation remains "bullish." The most recently completed upward wave broke the previous peak, while the
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
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