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 […]
Market Analysis – December 11 GBPUSD sellers may grow in intensity. The sellers in the GBPUSD market are gaining strong momentum against the bulls. The bears have successfully pushed the price below the significant level of 1.26120. However, the buyers are not showing signs of giving up either. Nevertheless, indicators on the daily chart suggest […]
Price action in the GBPUSD dipped considerably during yesterday’s trading session. This occurred after market activities witnessed a strong restraint on the upside path. Today’s session has advanced the trend a bit, but bearish traders seem to be treading cautiously, anticipating more impetus to emerge today and in the coming days. Key Price Levels: Resistance […]
Market Analysis December 4th GBPUSD bullish strength slows down. The pair has experienced a slowdown in bullish momentum due to the presence of sellers. The market has been characterized by a back-and-forth battle between traders, with each side seeking dominance. Bears took control starting in July, pushing the price lower from the 1.31230 level. The […]
Market Analysis – November 15 GBPUSD buyers plan to regain firmness. The GBPUSD price has been in a downtrend since July. This implies that the price has been making lower highs and lower lows. The sellers have been stronger than the buyers, and they have pushed the price down from 1.24320 to 1.21960 at key […]
Market Analysis – November 7 GBPUSD price may subscribe to a bullish trend, thereby giving rise to a breakout. Technical analysis of the GBPUSD currency pair suggests that bullish momentum is developing. The buyers are showing strength and are ready to take control of the market. Although the price impulse is not yet strong for […]
