GBPUSD 21.1.2026

Technical Analysis
Wednesday, January 21, 2026 - 01:20
Point Trader Group

Overall Trend:

Sideways to slightly bearish movement within a defined range, with strong respect for the current demand zone.

Technical Outlook:

The 1.3400–1.3420 zone acts as a key support. Holding above it keeps rebound chances alive, while a clear break would expose lower levels.

Scenarios:

– Limited upside: A bounce could target 1.3490.

– Extended downside: A break below 1.3400 may lead toward 1.3310.

Conclusion:

Market is in balance, awaiting a directional breakout.


*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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