CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Pound - US Dollar Analysis

US Session Analysis for CFD Instruments 20/01/2026

Fundamental analysis

20 January, 2026

During European trading, the British pound rose against the US Dollar trading above 1.34000 levels.
The pair extended gains in the European session as the US dollar remained under pressure amid rising geopolitical and trade uncertainty linked to the US-Greenland issue. In the UK, Bank of England Governor Andrew Bailey said geopolitical tensions and global trade risks are a key consideration for financial stability. In the US, there are no major data releases scheduled today.

Technical analysis

Pound - US Dollar Analysis Technical analysis 20/01/2026
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 20/01/2026

Support & Resistance Level Explanation
Resistance 2 1.3521 Daily R2
Resistance 1 1.3503 Daily R1
Support 1 1.3455 Daily S1
Support 2 1.3437 Daily S2

GBPUSD Indicator Table - 20/01/2026

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Sell
RSI (14) Neutral
Stochastic ( 9;6;3) Buy

GBPUSD Indicator / Period Table - 20/01/2026

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Sell BuyBuy
RSI (14) Neutral BuyBuy
SMA 20 Buy BuyBuy

GBPUSD 20/01/2026 - Reference Price : 1.3477

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (1)
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Pound - US Dollar Chart
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