Market Analysis – October 15 GBPUSD price has reversed sharply after reaching the 1.33120 level, forming a swing high that initiated a steady price decline. This downward movement from the swing high has been consistent, with each daily candle closing lower than its opening price. The demand zone now offers the bulls a crucial opportunity […]
Market Analysis – October 1st The GBPUSD market has maintained a steady upward trajectory, forming a distinct zigzag pattern that highlights the strength of the current bullish trend. Each significant swing low has led to bullish breaks of structure, reinforcing upward momentum and showing strong buying interest at key demand levels. GBPUSD Key Levels Demand […]
Market Analysis – September 23 GBPUSD price experienced a significant bullish breakout above the key resistance level of 1.30890 on August 23. Following this breakout, the price retraced to retest the zone, which has now turned into a strong support, further driving the ongoing bullish momentum. The upward movement from this newly formed demand zone […]
Market Analysis – September 17 GBPUSD price recently entered a correction phase following a significant bullish impulse move from 1.26500 to 1.32620. The retracement brought the price back down to find support at the bullish break block around 1.31070, where buyers re-entered the market. After testing this support zone, the upward trend has resumed, as […]
Market Analysis – September 10 The GBPUSD market has shown a strong and impulsive rally, driving the price from 1.26690 to 1.32620. However, signs of bullish exhaustion have appeared, leading to the current corrective phase marked by a gradual pullback. The price is now approaching the key Bullish Breaker Block at 1.30450, which could act […]
Market Analysis – September 3 The GBPUSD market recently experienced a price correction, pulling back to the bullish order block at 1.2690 on the daily chart. Buyers took advantage of this discounted price, leading to a surge in buying pressure. As a result, the price skyrocketed by 4.75%. GBPUSD Key Levels Demand Levels: 1.30450, 1.28680, […]
Market Analysis – August 26 GBPUSD price has surged past the swing high of 1.31420, fueled by seven consecutive days of bullish daily closes. This consistent upward momentum highlights the strong buying pressure in the market, with the price now setting its sights on the next key resistance at 1.32980. GBPUSD Key Levels: Demand Levels: […]
Market Analysis – August 19 The GBPUSD market upward trend remains strong, characterized by a consistent series of well-aligned bullish break of structures (BOS). The price is steadily advancing toward key swing highs on the daily timeframe, which serve as prominent liquidity zones. These areas indicate potential targets for future price movements. GBPUSD Key Levels […]
Market Analysis – August 12 GBPUSD market has pulled back into discount levels following its recent bullish movement. This retracement, occurring below equilibrium levels from the last bullish displacement, offers an optimal entry opportunity, particularly as the Stochastic indicator signals an oversold market. GBPUSD Key Levels Demand Levels: 1.2700, 1.2540, 1.2390 Supply Levels: 1.3000, 1.3140, […]
