GBPUSD Daily Analysis – May 1, 2018

by ForexCycle.com | May 1, 2018 2:00 am
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.4376. As long as the price is below the trend line, the downside movement could be expected to continue and...

EURUSD Daily Analysis – May 1, 2018

by ForexCycle.com | May 1, 2018 1:59 am
EURUSD failed to break above the falling trend line on its 4-hour chart, suggesting that the pair remains in the downtrend from 1.2413. As long as the trend line resistance holds, the downtrend could be expected to...