FX.co ★ dusty24 | GBP/USD

Market analysis for GbpUsd pair with Bollinger Bands Indicator on Saturday, July 11, 2026 The Dollar strengthened again and this impacted the weakening of the Dollar’s rival such as the Pound Sterling traded on the GbpUsd pair on Friday’s session, even though at the beginning it was briefly controlled by the buyers who pushed the price up in a bullish move, but this was overturned by the sellers who managed to strongly hold the price below the seller resistance area at 1.3449-1.3448, which was firmly defended by the sellers after they succeeded in dominating the market by continuously pressing the price down into a deeper bearish move due to strong selling pressure from the sellers.

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 dominated the market by driving the price down in a bearish move, moving away to the downside from the Upper Bollinger Band located at 1.3468, supported by a very strong series of bearish candlesticks. This indicates that the GbpUsd pair is likely to continue its bearish decline even deeper in the coming week’s trading. The sellers will try to push the price down further, targeting a move to reach and test the Middle Bollinger Band area at 1.3297. If this Middle Bollinger Band area is strongly broken to the downside by the sellers, then the price will weaken further with a target towards the Lower Bollinger Band area at 1.3126. For Monday’s trading on the GbpUsd pair, most likely price action will still be dominated by buyers who will try to push the price up in a bullish move towards the nearest seller resistance area at 1.3434-1.3435. However, if the bullish buyers fail to break above this nearest seller resistance area, then the price has the potential to weaken again in a bearish move with a target towards the nearest buyer support area at 1.3371-1.3370. Monday’s trading is likely to be weak and we should just look for Sell entry opportunities by placing pending orders as follows: A sell entry is taken if the sellers manage to break below the nearest buyer support area at 1.3371-1.3370, with the TP target area at 1.3347-1.3346. A buy entry can be taken if the buyers manage to break above the nearest seller resistance area at 1.3434-1.3435, with the TP target area at 1.3474-1.3475.