Market Analysis – 8th April GBPUSD loses grip as sellers slip lower. It’s not good news for the pound, as it continues to lose ground against the dollar. The buyers, who had shown some strength in recent weeks, have now decided to slow down their progress. The power struggle around the key level of 1.26830 […]
Market Analysis – March 25th GBPUSD rises as buyers regain stance. The GBPUSD pair started its downward journey when sellers shorted from the 1.25930 market level. Their actions were met with success as they managed to exert their dominance over the market. The sellers’ stronghold was further solidified when they breached the crucial level of […]
Market Analysis – March 12th GBPUSD buyers lose ground as sellers set the tone for the new week. The market has been a battleground for buyers and sellers, with each side vying for control. However, recent trends indicate that buyers are losing ground as sellers set the tone for the new week. Buyers have faced […]
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 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 – 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 […]
