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Market Overview
The EUR/GBP pair closed at 0.86851 on January 28, 2026, down 0.09% from the previous close of 0.86927, continuing its downtrend over the past month with a 30-day return of -0.17%. The pair has traded within a narrow range between 0.86824 and 0.87071, reflecting subdued volatility amid mixed economic signals from the Eurozone and the UK. Upcoming ECB meetings and UK economic data releases may influence price action. Technically, the 20-day, 50-day, and 200-day moving averages stand near 0.86913, 0.86913, and 0.86913 respectively, with RSI indicating mild bearish momentum. Nearest support is at 0.86824 and resistance near 0.87071. 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.