FX.co ★ dusty24 | GBP/USD

Market analysis for GbpUsd pair with Bollinger Bands Indicator on Saturday, July 18, 2026 The sellers are still continuing to dominate trading in the GbpUsd pair in transactions as of yesterday, Friday, after the sellers managed to maintain their advantage by continuing to enter the market in larger volume so that sellers were able to dominate and drive the price down in a bearish move, moving away below the seller resistance area located at 1.3479-1.3478, which buyers failed to break through, and in the end price control could once again be taken and held by the sellers, who then applied stronger selling pressure.

Monitored using the Bollinger Bands indicator on the Daily timeframe, it can be seen that the price or candlestick of the GbpUsd pair has been successfully controlled by the sellers, who managed to dominate the session by pushing the price down in a bearish move, breaking out below the Upper Bollinger Band area located at 1.3526, further supported by the dominance of a fairly solid bearish candlestick. This indicates that the GbpUsd pair once again has the potential to weaken further in today’s trading. Sellers will continue to maintain their current advantage by keeping the candlestick position below the Upper Bollinger Band area in order to open up the opportunity for a deeper bearish move with the next target towards the Middle Bollinger Band area located at 1.3329. If this Middle Bollinger Band area can be strongly broken out by sellers, then the price will weaken even further towards the Lower Bollinger Band area located at 1.3128. Trading in the GbpUsd pair next Monday will likely still be firmly in the hands of the sellers, who are able to take over price control with the potential to push the price down in a bearish move targeting the nearest buyer support area located at 1.3431-1.3420. However, if buyers are able to contain the seller’s bearish momentum at this nearest support, then the price will be pushed back up in a bullish move targeting the nearest seller resistance area located at 1.3474-1.3475. Sell remains the preferred trading option for next week by placing pending orders in the following areas: A sell entry is taken if sellers manage to break below the nearest buyer support area located at 1.3421-1.3420 with the TP target area located at 1.3396-1.3395. A buy entry can be taken if buyers manage to break above the nearest seller resistance area located at 1.3575-1.3475 with the TP target area located at 1.3505-1.3505.