GBPUSD Analysis and Forecast - January 27, 2026

GBPUSD Analysis and Forecast – January 27, 2026

✅Overview

The GBPUSD currency pair is showing bullish trends as we enter January 27, 2026. With the current price at 1.36444, traders are looking closely at key economic events that could influence the market. The sentiment around GBPUSD is supported by multiple moving averages indicating a buy action. On the economic calendar, significant events like the German ifo Business Climate and U.S. Durable Goods Orders are expected to impact the pair, making it essential for traders to stay alert.

Overview of What The Article Will Cover:

Toggle

For those interested in the Australian dollar, check out our AUDUSD analysis and forecast.

✅Market Trends & Trading Strategies

The GBPUSD pair is currently experiencing a bullish sentiment as indicated by various technical indicators, including numerous buy signals from moving averages. Traders can capitalize on this momentum by identifying key support and resistance levels that can guide trading strategies. The bullish outlook is further reinforced by the market’s reaction to upcoming economic data, which may create opportunities for both day traders and long-term investors.

As we approach significant economic events, traders should consider the impact of these announcements on the GBPUSD pair. The overall trend suggests that if economic data aligns positively, we could see a further increase in the GBPUSD price, providing favorable conditions for traders to enter long positions. Monitoring sentiment and adapting strategies in response to market movements will be crucial for maximizing potential gains.

✅ GBPUSD Trading Strategies

🎯Current Trend: 📈 Bullish
🎯Price Action: GBPUSD is trading above 1.35000, testing minor resistance at 1.36718.
🎯Day Trading (15 mins – 1 hour): Focus on long positions near support at 1.35997, targeting resistance at 1.36326 for short-term gains.
🎯Swing Trading (4 hours – 1 week): Holding long positions could be beneficial as upcoming economic data is likely to support bullish momentum.
🎯Contrarian Strategy: If GBPUSD fails to break above 1.36718, consider short positions targeting 1.35997 as a potential reversal point.

✅ Detailed Pair Analysis

Support & Resistance Levels: Critical zones for GBPUSD show support at 1.35997 and resistance at 1.36718. A break above this resistance could lead to further gains, while a dip below support may indicate a bearish reversal.

Economic Events Impact: Key upcoming economic events such as the German ifo Business Climate and U.S. Durable Goods Orders could shift market sentiment. If these reports indicate stronger economic conditions, we may see an upward trend for GBPUSD, while disappointing data could prompt a pullback.

✅ Additional Trading Strategies

🎯 Trend Reversal: Look for signs of reversal if GBPUSD fails to maintain above 1.36718, targeting a price around 1.35997.
🎯 Momentum Plays: If GBPUSD breaks through 1.36718, consider entering with momentum for short-term gains towards 1.37439.

For those interested in the Australian dollar, check out our AUDUSD forecast December 17, 2025.

✅ Conclusion

Summary: Traders should stay informed on upcoming events such as the German ifo Business Climate and U.S. Durable Goods Orders, as these could cause volatility and significant market shifts. Keeping an eye on sentiment indicators and price action will be crucial for adjusting strategies accordingly.

Future Outlook: Given the current bullish trend, expect potential movement towards 1.37439 if bullish momentum holds. Every day we analyze the market closely and provide trading insights for tomorrow, so we invite you to come back for updates.

Expand Your Knowledge

Start Trading Today

Ready to take your forex trading to the next level? Open an account with Exness, one of the most trusted platforms in the industry. 👉 Sign Up Now and trade with confidence!

My recommended broker stands out with ultra-low spreads for beginners, instant withdrawals, and zero spread accounts for pro traders.
Trusted since 2008, lightning-fast execution, no hidden fees, and a secure, transparent trading environment—giving you the edge you need to succeed. 🚀