ForexCycle.com
4xdev
  • Home
  • Forex Analysis
    • Long Term Forex Analysis
    • Short Term Forex Analysis
    • Special Focus
    • Daily Forex Reports
    • Forex Signals
  • Forex Articles
    • Market Cycle
    • Indicator
    • Elliott Wave
    • Fibonacci Sequence
    • Forex Market
    • Forex Trading
    • Technical Analysis
    • Chart Pattern
  • Trading Strategy
  • Forex Brokers
    • Avatrade
    • Broker News
    • Broker Review
  • Elliott Wave Courses
    • Markets Reverse
    • 5 Ways Using Trendlines
    • Overview of MACD
    • Relative Strength Index
    • Japanese Candlesticks
    • Moving Averages
    • Fibonacci Ratios
    • Two-Bar Pattern
    • Market Myths Exposed
  • Contact Us

GBPUSD Daily Analysis – October 27, 2017

GBPUSD moved sideways in a trading range between 1.3087 and 1.3337. The pair is now facing 1.3087 support, a breakdown below this level could trigger another fall to the major support trend line on the daily chart. Resistance is at 1.3337, above this level will indicate that the upside movement from 1.3027 has resumed, then next target would be at 1.3455.

GBPUSD 4-hour chart

Author ForexCycle.comPosted on October 27, 2017Categories Short Term Forex AnalysisTags GBPUSD

Post navigation

Previous Previous post: EURUSD Daily Analysis – October 27, 2017
Next Next post: AUDUSD Daily Analysis – October 27, 2017

Resources

  • Unlock Your Trading Potential with EA Builder
  • Elliott Wave Principle

Recent Posts

  • Cameco (CCJ) May See Short Term Support Soon
  • Visa (V) Near‑Term Price Action Enters the Twilight Zone
  • XLY Bouncing from Blue Box
  • Pool Corporation (POOL) Pullback Nearing Completion
  • ICE Elliott Wave: Wave ((4)) Near 133 Support
  • BX Hits Blue Box Support To Resume Long Term Bullish Trend
  • PANW Analysis: Elliott Wave Forecasting Bullish Sequence Above $300
  • $GOOGL Blue Box Area Offering Buying Opportunity as Wave 4 Pullback Unfolds
  • Fortinet (FTNT) Bullish Breakout Toward $140
  • Bitcoin Smoothly Reacts Higher from Blue Box Zone
  • Facebook
  • Instagram
  • Twitter
  • LinkedIn
  • Telegram
  • Home
  • Forex Analysis
  • Forex Articles
  • Contact Us
  • Forex Blog
  • Disclaimer
  • Forex Resources
  • Archives
  • RSS
Copyright © 2005 - 2026 ForexCycle.com. All rights reserved.