{"id":434834,"date":"2026-07-28T01:21:11","date_gmt":"2026-07-27T18:21:11","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/gbpusd-sellers-push-the-price-below-the-lows-from-last-week-and-to-the-lowest-level-since-july-2-434834\/"},"modified":"2026-07-28T01:21:11","modified_gmt":"2026-07-27T18:21:11","slug":"gbpusd-sellers-push-the-price-below-the-lows-from-last-week-and-to-the-lowest-level-since-july-2","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/gbpusd-sellers-push-the-price-below-the-lows-from-last-week-and-to-the-lowest-level-since-july-2-434834\/","title":{"rendered":"GBPUSD sellers push the price below the lows from last week and to the lowest level since July 2"},"content":{"rendered":"<div>\n<p class=\"PDq2pG_selectionAnchorContainer\">GBPUSD sellers have seized control, pushing the pair below last week&#8217;s low and to its weakest level since July 2. Last week&#8217;s low at 1.3299 was an important technical level, aligning with the 61.8% retracement of the rally from the June 23 low to the July high.<\/p>\n<p class=\"PDq2pG_selectionAnchorContainer\">\n<p>Buyers initially tried to defend that support, sparking a modest rebound toward 1.3313, but the recovery quickly stalled. Once the price broke below 1.3299, downside momentum accelerated, sending the pair to a session low of 1.3283.<\/p>\n<p>The next downside target comes in at 1.3261. A break below that level would shift the focus toward the July 1 low near 1.3218, opening the door for a deeper retracement of July&#8217;s advance.<\/p>\n<p>The pair peaked on July 15, and with four trading days remaining in July, sellers now have an opportunity to erase the entire month&#8217;s rally. Whether they can complete a 100% retracement of the move higher from the July low will be the key question into month-end.<\/p>\n<p>On the topside, 1.3305\u2014Friday&#8217;s low and the former support level\u2014now becomes the first close-risk level for sellers. As long as the price remains below that level, the technical bias stays firmly to the downside. A move back above 1.3305 would signal that the latest break lower has failed and could trigger short covering, leading to a corrective rebound.<\/p>\n<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GBPUSD sellers have seized control, pushing the pair below last week&#8217;s low and to its weakest level since July 2. Last week&#8217;s low at 1.3299 was an important technical level, aligning with&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-434834","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/434834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=434834"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/434834\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=434834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=434834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=434834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}