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 21/01/2026

Fundamental analysis

21 January, 2026

During European trading, the British pound fell against the US Dollar trading below 1.34000 levels.
The pair retreated in the European session as slightly higher than expected UK inflation is not expected to upset the interest rate cut schedule of the Bank of England in 2026. In the UK, CPI Inflation data for December came out higher than expected (3.4% realised vs 3.3% expected). In the US, President Trump’s key speech at the World Economic forum will take place (13:30 GMT).

Technical analysis

Pound - US Dollar Analysis Technical analysis 21/01/2026
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 21/01/2026

Support & Resistance Level Explanation
Resistance 2 1.3470 Daily R2
Resistance 1 1.3452 Daily R1
Support 1 1.3402 Daily S1
Support 2 1.3384 Daily S2

GBPUSD Indicator Table - 21/01/2026

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

GBPUSD Indicator / Period Table - 21/01/2026

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

GBPUSD 21/01/2026 - Reference Price : 1.3422

Buy
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Pound - US Dollar Chart
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