Simple Moving Average Technical Analysis on trading in the GbpUsd market pair on Sunday, June 21, 2026 Seller dominance that was initially strong in trading in the GbpUsd market pair last Friday can be broken by buyers who were able to dominate the market after successfully intervening with a larger and stronger amount, thus enabling buyers to hold back the bearish sellers above the buyer support area at the price of 1.3168-1.3169. This support was strongly maintained by buyers, allowing them to take control of the price and exert very strong bullish pressure.
Observed on the Daily time frame using Moving technical analysis, the GbpUsd market pair continues to be under the control of buyers, successfully dominating the trading by pushing the price up in a bullish manner, reducing the distance to approach the Yellow MA 200 area at the price of 1.3410. This was supported by the formation of a strong bullish Pin Bar candlestick, indicating that the GbpUsd pair's price momentum could continue to strengthen bullish even higher for the next week's trading. To reach this target area, the GbpUsd pair must maintain its dominance so that buyers can continue to control the price, aiming for the price to break above the Yellow MA 200 area to open up bullish opportunities towards the next target in the Blue 100 area at the price of 1.3448. Trading on Monday is expected to see the price movement of the GbpUsd pair still being dominated by buyers trying to push the price higher in a bullish manner towards its nearest seller resistance area at the price of 1.3255-1.3256. If this nearest seller resistance area is strongly breached by buyers, the GbpUsd pair's price will surge even higher towards the next seller resistance area at the price of 1.3286-1.3287. However, if sellers manage to hold back the bullish momentum of buyers at the nearest resistance area, the price will weaken further in a bearish manner towards the nearest buyer support area at the price of 1.3178-1.3177. If this buyer support area is validly breached by bearish sellers, the price will further decline towards the next buyer support at the price of 1.3232-1.3231.
