MONEY-FX / GBP/USD Analysis

**Posted by Hexxler** 6/14/2021 3:34 am

Statistics about a daily report on 11 June, when the market price of GBP/USD started from 1.41130 after that it was huge downtrend and the market price was 1.40500, Interestingly the marker was again huge uptrend at1.41775, after fluctuations of the market it resistance at 1.41755. Therefore there is a chance again to the downtrend of the market price.

**Posted by Hexxler** 6/14/2021 3:38 am

According to the Statistics of GBP/USD, a monthly report on June, which started from 1.38160 and it trendup1.41890 but the market does not continue it was downtrend at1.38140 at was the lowest market price within the months. After the last day of the months it resistance at 1.41880. It may be predicted that the market will uptrend in near future.

**Posted by Hexxler** 7/20/2021 4:28 am

Unlike other pairs, GBP & USD is very popular in the forex platform. After analyzing of GBP/USD a day report of 20 July 2021 can be seen that the pair started from 1.37545 and it went up 1.37580, but after fluctuations of the market it was huge down traded and it was 1.36610 that was the lowest market price and finally the market resistance at 1.36805 so it may assumed that market price of the pair may uptrend for next days.

**Posted by Hexxler** 7/20/2021 4:30 am

According to the weekly statistics report of GBP/USD in July 2021 can be seen that the pair started from 1.38910 and it went up 1.38930 but after fluctuations of the market it was huge downtrends and it went to 1.37580 that was the lowest market price within the week and lastly the market resistance at 1.37610 so it may assume that market price of the pair may go up for the future.

**Posted by Hexxler** 7/20/2021 4:32 am

This is the monthly statistics report of GBP/USD on July 2021. Where the market price started from 1.41550 and after starting it went up to 1.41570 that was little uptrend but the market price was not stable for a long time it was again downtrend and it was 1.37750 which was the lowest market price within the month. However, the market lastly resistances at 1.17910.