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 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 29 GBPUSD bulls refuse to drop guard. The pair have been locked in a battle between the bulls and bears for the past few months. Since July, the bears have been dominating the market, dictating the direction of the price. The bulls, on the other hand, have shown signs of weakness […]
Market Analysis – September 4th GBPUSD bears maintain control as selling pressure intensifies. The pair has experienced a decline as sellers continue to put in more effort on the market. The bears have successfully pushed the price below the 1.25590 market level. This already indicates their dominance. It suggests that the selling pressure could potentially […]
Market Analysis – August 14th GBPUSD needs a solid push for a breakout. This currency pair requires a fresh surge of momentum to make a statement. This could be in favor of the bulls or the bears. Recently, the buyers have lost some of their drive, but they’re still eager to make their mark in […]
Market Analysis – August 7th GBPUSD buyers defend key market level amidst selling pressure. The buyers are actively defending the 1.27010 market zone as they strive to counter the prevailing selling trend. Following a failed penetration beyond the 1.31370 level in July, sellers took control. As a result, the sellers dominated the market from mid-July […]
Market Analysis – July 31 GBPUSD makes an effort amidst sell pressure. The buy traders are suddenly reducing the bearish pressure the market is experiencing. The past week saw a significant sell-off in the GBPUSD market, with the sellers pushing prices below the 1.28270 market level. Despite this, the market eventually closed with a bullish […]
GBPUSD Analysis – The Bears Are Stepping Back Into the Race GBPUSD bows to pressure following a strong rally. The price started off this year on a bullish note as buyers took the lead in the market. However, the sellers have jumped in to push back the bulls and prevent further gains. This week, the […]
GBPUSD Analysis – Price Held Back at 1.26030 GBPUSD sellers lose grip as buyers defend the 1.26030 key level. The pair has been showing strong bullish momentum since March when the bulls broke through the 1.18000 key level. This bullish liquidity propelled the pair forward, pushing past various resistance levels as buyers defended the 1.26030 […]
