GBP/USD 1.37859

Market Overview

Market Overview The GBP/USD pair closed at 1.37859 on January 28, 2026, reflecting a slight decline of 0.16% from the previous close of 1.38074, consistent with the ongoing downtrend. Over the past 30 days, the pair has shown limited movement with a modest 0.05% gain, trading between a high of 1.38621 and a low of 1.37743. Upcoming UK inflation data and US employment reports may influence near-term price action. Technically, the 20-day, 50-day, and 200-day moving averages stand at 1.38068, with the RSI indicating mild bearish momentum. Nearest support is near 1.3770, while resistance is around 1.3850. For information only. Last Updated 1/29/26