GBP/USD –16.01.2026

 

GBPUSD managed to print below the support of 1.3400 which could lead to more pressure over the market.
As we see over the chart, prices face resistance around 1.3465-90, where as long as the market holds below it, more of a drop will be expected toward the 1.3285-95 support which could cause a rebound.
Below 1.3285 more of a drop will be expected.
Above 1.3490 the market could restore targets towards 1.3610-40.

SUPPORT RESISTANCE
LEVEL1 13370 1.3465-90
LEVEL2 1.3285-95 1.3610-40
LEVEL3 1.3200-15 1.3725

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