“GBP/USD Undergoes a Well-Deserved Profit-Taking Phase – Analysis (28-01-2026)”

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GBP/USD pulled back in its latest intraday session after touching the 1.3780 resistance level, which had been highlighted as a target in our previous analysis. The retreat seems to be a corrective phase, allowing the pair to consolidate recent gains and relieve overbought conditions on the relative strength indicators, especially as negative signals emerge. Nonetheless, the short-term bullish trend remains intact, indicating the potential for renewed upward momentum and a continuation of the rally.

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