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Back Technical analysis
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Back Technical analysis
GBP/USD Forecast on January 15, 2026
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair traded on Wednesday around the 1.3437–1.3470 level, where all trading has been concentrated over the past few weeks. A rebound from this area would work in favor of the U.S. dollar and a modest decline toward the 1.3352–1.3362 support level. A firm break above it would allow for some growth toward the 1.3526–1.3539 resistance level. Market activity is currently very weak, and price movement is essentially sideways. The wave structure remains "bullish."
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Grigory Sokolov
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