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 […]
Market Analysis – January 29th GBPUSD is stuck in consolidation, waiting for a breakout. The price of GBPUSD is currently in a silent phase, showing no signs of expanding. The bulls have been unable to make significant progress for months, while the sellers have struggled to achieve a solid breakthrough lower. The daily chart reflects […]
Market Analysis – January 22nd GBPUSD market remains in a deadlock as bulls struggle. The GBPUSD market continues to remain in a state of deadlock, with bullish momentum kept at bay for weeks. This prolonged period of consolidation is a clear indication of the struggle faced by buyers. Since December, the buyers have been grappling […]
Market Analysis – January 15th GBPUSD price stays in a choppy stage as traders find it hard to strike a deal. Cable, as GBPUSD is commonly referred to, has failed to gain a solid flow since the beginning of the year. The market has been in a decisive state, with both buyers and sellers battling […]
Market Analysis – January 8th GBPUSD buyers struggle in the consolidation phase and are waiting for a breakthrough. The price remains pinned down in a consolidation phase, with the bullish trend disappearing from the radar as buyers lose hope. The bulls are currently engaged in a battle before a final breakthrough can occur. Buyers have […]
Market Analysis – January 1st GBPUSD buyers show aggression aiming for a breakthrough. GBPUSD continues to witness buyer aggression as it strives for a breakthrough. The bulls have been displaying a slow but steady impulse. Also, the sellers have been holding back, creating a tense battle for control. The buyers have been struggling to penetrate […]
Market Analysis – December 25th GBPUSD price stays still in equilibrium amidst the festive period. The GBPUSD currency pair is currently experiencing a period of uncertainty and a lack of decisive movement. Buyers have been unable to attract significant attention and change the narrative. Despite attempting to breach the significant level at 1.26140, they have […]
Market Analysis – December 18th GBPUSD buyers face resistance as sellers regain control. The buyers in the GBPUSD market are once again feeling the heat as the sellers make their presence known. The recent defeat near the 1.27800 price zone has tilted the market in favor of the sellers, as they continue to push the […]
