FX.co ★ dusty24 | GBP/USD

Simple Moving Average Technical Analysis on the GbpUsd market pair on Saturday 19 September 2026 Trading in the GbpUsd market pair that took place last Friday was controlled and dominated by buyers who were able to intervene in the market against sellers who had briefly dominated trading by pushing prices down bearish but were still contained by buyers who managed to block the sellers' bearish momentum above the buyers' support area at 1.3338-1.3339, which was reinforced by buyers so that buyers were able to dominate trading by driving the price higher bullish again due to the strong buying pressure exerted by the buyers. Observed on the Daily timeframe using the Moving technical indicator, it appears the GbpUsd market pair is still under the control of buyers who have again gained the upper hand over sellers by continuously pushing the price higher bullish, attempting to approach the MA 100 Blue area at 1.3434, supported by the formation of a strong bullish Engulfing candlestick indicating that trading next Monday could continue rising higher. Buyers will continue to enter in larger numbers to keep controlling the upward bullish movement to reach and test the MA 200 Yellow area at 1.3450. If this area can be broken strongly then the price will accelerate higher with the next target toward the MA 50 Red area at 1.3478.

Trading next Monday is expected to still be dominated by buyers who continue to dominate trading over sellers by continuously strengthening the GbpUsd pair bullish with a target that the price can head to its nearest sellers' resistance area at 1.3414-1.3415. If this support area can be strongly broken by sellers then the price will strengthen bullish even deeper with the next target toward the next sellers' resistance area at 1.3436-1.3437. However, if buyers can contain the sellers' bearish momentum at their nearest support then the price has the potential to fall bearish targeting the buyers' nearest support area at 1.3352-1.3351. Bullish pressure is still very strong and is just waiting for bullish momentum by waiting for the price to correct bearish : A buy trading option can be taken if the price manages to break through the sellers' resistance area by placing a pending buy stop order at 1.3414-1.3415 with a TP area at 1.3436-1.3437. A sell trading option can be taken if the price manages to break through the buyers' support area by placing a pending sell stop order at 1.3352-1.3351 with a TP area at 1.3313-1.3312.