Market Analysis – December 30 The GBPUSD market has recently formed a microstructure reflecting a complete cycle of buying and selling pressure within the daily timeframe. This activity has temporarily interrupted the ongoing bearish trend. GBPUSD Key Levels Demand Levels: 1.23000, 1.21000, 1.20000Supply Levels: 1.28000, 1.30000, 1.33000 GBPUSD Long-Term Trend: Bearish The long-term outlook for […]
Market Analysis – December 17 The GBPUSD pair has displayed mixed price behavior in recent months, with both bullish and bearish movements. While the short-term outlook is currently bullish due to a retracement, the long-term trend remains firmly bearish. GBPUSD Key Levels Demand Levels: 1.26860, 1.24470, 1.25530Supply Levels: 1.29960, 1.32460, 1.34470 GBPUSD Long-Term Trend: Bearish […]
Market Analysis – December 9 GBPUSD remains entrenched in a bearish trend on the higher timeframe, despite a bullish retracement creating temporary upward momentum on lower timeframes. With the price currently in overbought territory, the bearish trend is expected to resume soon. GBPUSD Key Levels Demand Levels: 1.2500, 1.2400, 1.2300 Supply Levels: 1.2800, 1.31000, 1.3300 […]
The Pound Sterling (GBP) climbed near 1.2770 against the US Dollar (USD) during Monday’s North American trading session. This upward movement in the GBP/USD pair is fueled by escalating expectations that the Federal Reserve (Fed) will implement a rate cut in its upcoming monetary policy meeting on December 18. Fed Rate Cut Bets Gain Momentum […]
Market Analysis – December 2 The GBPUSD market has firmly broken below the 1.26200 key level. After this break, the price retraced above the breached zone and is now approaching a significant fair value gap, signaling a potential reaction area. GBPUSD Key Levels Demand Levels: 1.26200, 1.23330, 1.21000Supply Levels: 1.28340, 1.30420, 1.34140 GBPUSD Long-Term Trend: […]
Market Analysis – November 26 GBPUSD has broken below the 1.26110 support level and is now targeting the next demand zone. A retest of the breached level attracted more sellers, reinforcing the bearish momentum. GBPUSD Key Levels Demand: 1.28680, 1.26110, 1.23210Supply: 1.30450, 1.34080, 1.36000 GBPUSD Long-Term Trend: Bearish GBPUSD buyers initially defended the 1.28680 support […]
Market Analysis – November 12 The GBPUSD market entered a consolidation phase from December to March, signaling potential accumulation. A subsequent manipulation phase saw prices dive to the 1.22610 support level. This was followed by a distribution phase, with a strong bullish rally pushing the pair up to 1.34140. However, recent price action shows early […]
Market Analysis – November 5 GBPUSD price has been trending downward since its rejection from the resistance zone at 1.34080. The break below the swing low at 1.30450 confirmed a bearish shift, pushing the pair toward a bullish trendline anchored to previous swing lows. The price has now reached a confluence zone, marked by this […]
Market Analysis – October 28 The GBPUSD currency pair continues its downward trajectory, having declined by 3.84% since the market reversal at 1.34290. This significant price movement has breached the last major low established during the bullish trend, indicating a notable shift in market control toward sellers. GBPUSD Key Levels Demand Levels: 1.28730, 1.26730, 1.22750Supply […]
