Forex Trading Library

GBP/USD – 23.01.2026

Technical Analysis

By Rami Abu-Draa On Jan 23, 2026

GBPUSD printed above 1.3490 which could lead to further advance towards the old target 1.3610-40.

As we see from the chart, Intraday support starts from 1.3400 and if prices hold above it, the advance will sustain.

Below 1.3400 the drop pressure could return again towards the 1.3285-95 support.

	SUPPORT	RESISTANCE
LEVEL1	1.3400	1.3610-40
LEVEL2	1.3285-95	1.3725
LEVEL3	1.3200-10	1.3880

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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