Market Analysis – November 2 GBPUSD struggles to gain ground. The pair is currently experiencing a struggle to gain ground due to various market dynamics. Sellers have faced challenges expressing their influence this week. This is primarily because of a lack of strong bearish momentum. Conversely, buyers also lack the necessary strength to dominate the […]
Market Analysis – October 25 GBPUSD buyers look to regain momentum in a calm market. The price is seeing a resurgence in buying activity this week, with buyers unwilling to remain on the sidelines. A brief selling trend occurred in previous weeks when buyers failed to advance beyond the critical 1.23420 significant level. GBPUSD sellers […]
Market Analysis – October 16 GBPUSD bears eager for further decline. The market is witnessing a resurgence of bearish momentum. It looks like the bearish force is ready to dominate once again. The bulls have recently yielded to the mounting sell-side pressure. This developing sentiment may lead to a more substantial decline towards the 1.20320 […]
Market Analysis – October 9 GBPUSD buyers pose a threat to the selling trend. The GBPUSD market sentiment is a complex interplay of emotions, with both buyers and sellers participating actively. At present, buyers are positioning themselves for a short-term bullish trend, while sellers are eyeing a long-term sell-off. The tug-of-war between these two factions […]
Market Analysis- October 3 GBPUSD sellers regain control as bullish potential looms. As October began, the sellers in the GBP/USD market wasted no time in reasserting their dominance. At the close of September, buyers attempted to reverse the bearish trend, but their efforts fell short. Last week, sellers had a golden opportunity to break through […]
Market Analysis – September 26 GBPUSD sellers dominate as of now, but opportunities are awaiting buyers soon. GBPUSD finds itself under the firm grip of sellers, with buying strength suppressed. The week commenced with a strong bearish presence, successfully crossing the pivotal 1.22900 key level. However, it’s essential to note that in the world of […]
Market Analysis – September 12 GBPUSD buyers migrate close to the 1.25500 key level. The pair has been experiencing a bearish trend for the past few weeks as sellers have dominated the market. The price has dropped from above the 1.30000 major level in July to below the 1.25500 key level in September. This indicates […]
Market Analysis – August 28th GBPUSD bearish pressure slows down at the 1.25980 key level. Sustaining momentum below this level would require a significant push from the sellers. However, the bulls are eager to regain strength and re-enter the market. The overall trend remains positioned for further downside movement. The 1.25980 level is a critical […]
Market Analysis – August 21 GBPUSD requires additional buying force to advance. Buyers’ pressure from last week has diminished, as the bulls have lost momentum to drive the price higher. This decline could be interpreted as a sign of exhaustion or a potential reversal in market sentiment. The bears have maintained their hold for an […]
