GBPUSD 20.1.2026

Technical Analysis
Tuesday, January 20, 2026 - 00:48
Point Trader Group

Trend:

Range-bound with a bearish tilt, trading around a key zone near 1.3400–1.3420.

Technical View:

Lack of momentum is clear. A break below 1.3390 would strengthen bearish pressure.

Scenarios:

- Bearish: Below 1.3390, price may head toward 1.3340 and 1.3300.

- Limited upside: Only a break above 1.3500 restores bullish momentum toward 1.3570.

Key Levels:

Resistance: 1.3500 – 1.3570

Support: 1.3390 – 1.3340 – 1.3300

Bottom Line:

Neutral to bearish; range trading remains the safer approach.


*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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