Market Analysis – 8th April GBPUSD loses grip as sellers slip lower. It’s not good news for the pound, as it continues to lose ground against the dollar. The buyers, who had shown some strength in recent weeks, have now decided to slow down their progress. The power struggle around the key level of 1.26830 […]
Market Analysis – April 2nd GBPUSD sellers are likely to regain strong footing. The pair is currently facing a bearish outlook as sellers regain their strength and take control of the market. The bears have capitalized on the weakness of the pound. This has caused buyers to retreat and fail to push beyond the significant […]
Market Analysis – March 25th GBPUSD rises as buyers regain stance. The GBPUSD pair started its downward journey when sellers shorted from the 1.25930 market level. Their actions were met with success as they managed to exert their dominance over the market. The sellers’ stronghold was further solidified when they breached the crucial level of […]
Market Analysis – March 24th GBPUSD bearish race may intensify below the 1.27600 key level. The bears have not been relentless in their pursuit, drilling the price lower throughout the week. This bearish momentum has overshadowed the buyers, leaving them struggling to gain any significant ground. Last week, the buyers attempted to strike a bargain […]
Market Analysis- March 5th GBPUSD buyers reclaim strength once again. Over the past few months, traders have witnessed a series of ups and downs, with buyers and sellers battling for control. However, in recent times, the buyers have shown resilience and reclaimed their strength, pushing the price above the significant level of 1.25940. GBPUSD Price […]
Market Analysis- February 27th GBPUSD bulls remain resilient despite pressure. Despite facing some challenges along the way, the buyers have shown remarkable strength and determination. Even after breaching the significant market level of 1.26370, there seems to be no sign of a slowdown. GBPUSD Price Zones Resistance Zones: 1.27170, 1.26370 Support Zones: 1.23630, 1.20710 GBPUSD […]
Market Analysis- February 21st GBPUSD market consolidates as traders await momentum unraveling. The market is currently in a consolidation phase, lacking the necessary strength to make significant moves. Despite some fluctuations, both the bulls and bears have struggled to gain control. GBPUSD Price Zones Resistance Zones: 1.27760, 1.26550 Support Zones: 1.25130, 1.23130 GBPUSD Long-Term Trend: […]
Market Analysis – February 13th GBPUSD buyers could face rejection as the price aims for recovery. The GBPUSD buyers have been making efforts to stage an uprising and fill up the trading zones. However, they could potentially face rejection as the bears show a lethal force that may yield lower this week. Last week, the […]
Market Analysis – February 5th GBPUSD sellers finally break free of the consolidation phase. In the new week, GBPUSD has experienced a breakout from its consolidation phase, with price volatility on the rise. The bulls, who had previously shown strong dominance, have been shut out by the bears. Instead of seeing a continuation of bullish […]
