GBPUSD Daily Analysis – January 17, 2018

by ForexCycle.com | January 17, 2018 4:06 am
GBPUSD’s upside movement from 1.3458 extended to as high as 1.3836. Further rise is still possible after a minor consolidation and next target would be at 1.4000 area. Near term support is at 1.3741, only a breakdown...

GBPUSD Daily Analysis – January 15, 2018

by ForexCycle.com | January 15, 2018 2:43 am
GBPUSD broke above 1.3612 resistance and extended its upside movement to as high as 1.3748. Further rise is still possible in a couple of days and next target would be at 1.4000 area. Near term support is...

GBPUSD Weekly Analysis – January 14, 2018

by ForexCycle.com | January 14, 2018 10:04 am
GBPUSD broke above 1.3657 resistance, suggesting that the uptrend from 1.1946 (Oct 7, 2016 low) has resumed. Near term support is at 1.3590, followed by the rising trend line on the daily chart. As long as the...

GBPUSD Daily Analysis – January 11, 2018

by ForexCycle.com | January 11, 2018 3:56 am
GBPUSD broke below 1.3494 support, suggesting that the upside movement from 1.3301 had completed at 1.3612 already. Further decline would likely be seen in a couple of days and next target would be at 1.3420 area, followed...

GBP/USD Price Forecast January 10, 2018, Technical Analysis

by FX Empire | January 10, 2018 6:40 am
The British pound drifted a bit lower during the trading session on Tuesday, reaching down to the 1.35 region, which has of course offered a significant amount of support. I think at this point, I would anticipate...

GBPUSD Daily Analysis – January 10, 2018

by ForexCycle.com | January 10, 2018 4:58 am
GBPUSD continued its sideways movement in a trading range between 1.3494 and 1.3612. The sideways movement is likely consolidation of the uptrend from 1.3301. A breakout of 1.3612 resistance will indicate that the upside movement has resumed,...

GBP/USD Price Forecast January 9, 2018, Technical Analysis

by FX Empire | January 9, 2018 6:07 am
The British pound fell slightly during the trading session on Monday, reaching down towards the 1.35 handle. There is a significant amount of support in that area though, and I believe that the buyers will return to...

GBPUSD Daily Analysis – January 9, 2018

by ForexCycle.com | January 9, 2018 4:01 am
GBPUSD moved sideways in a trading range between 1.3494 and 1.3512. As long as 1.3494 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.3301 and another rise to test 1.3657 (Sep...

GBPUSD Weekly Analysis – January 7, 2018

by ForexCycle.com | January 7, 2018 10:48 am
GBPUSD stays above a bullish trend line on its daily chart and remains in the uptrend from 1.1946 (Oct 7, 2016 low). The pair is now facing 1.3657 resistance. A breakout of this level will suggest that...

GBPUSD Ascending Trend Line (Jan 04, 2018)

by Kate Curtis | January 4, 2018 7:23 am
GBPUSD is trending higher on its 4-hour chart and looks prime for a pullback to the ascending trend line. Applying the Fib tool on the latest swing low and high shows that this lines up with the...