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Back Technical analysis
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Back Technical analysis
GBP/USD Forecast on February 5, 2026
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair on Wednesday completed a reversal in favor of the U.S. currency and pulled back to the support level of 1.3595–1.3620. A rebound of quotes from this zone today would work in favor of the British pound and some growth toward the Fibonacci level of 161.8% at 1.3755. A consolidation below the 1.3595–1.3620 level would allow expectations of a continued decline toward the support level of 1.3526–1.3539 and the corrective level of 100.0% at
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
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