GBPUSD: Bullish Run Pauses, Consolidation or Reversal?

by ForexCycle.com | March 12, 2024 1:40 am
GBPUSD has displayed a recent shift in momentum, prompting a closer look at the technical situation. This analysis explores the potential scenarios for the currency pair. Upside Momentum Stalls: Consolidation or Reversal? Key Levels to Watch: Overall...

GBPUSD Bulls Charge Higher: Can the Uptrend Break New Ground?

by ForexCycle.com | March 11, 2024 8:21 am
GBPUSD has been on a tear, decisively breaking above resistance and reaching new highs. This analysis dives into the technical implications of this breakout and explores potential scenarios for the currency pair. Uptrend Gains Momentum: Resistance Leveled...

GBPUSD Surges: Uptrend Gains Momentum, But Can Bulls Hold On?

by ForexCycle.com | March 7, 2024 11:39 pm
GBPUSD has displayed robust bullish momentum, decisively breaking above resistance and reaching new highs. This analysis delves into the technical implications of this breakout and explores potential scenarios for the currency pair. Uptrend Reignited: Resistance Breached Potential...

GBPUSD Bulls Charge Higher: Uptrend Resumes or Short-Lived Rally?

by ForexCycle.com | March 7, 2024 12:20 am
GBPUSD has displayed bullish momentum, breaking above a key resistance level and reaching new highs. This analysis dissects the technical situation and explores potential scenarios for the currency pair. Uptrend Resumes: Resistance Breached Potential for Further Gains:...

GBPUSD Breaks Resistance: Uptrend Resumes or Short-Lived Rally?

by ForexCycle.com | March 6, 2024 2:51 am
GBPUSD has recently broken above a key resistance level, signaling a potential continuation of the uptrend. This analysis explores the technical implications of this breakout and potential future scenarios for the currency pair. Breakout Confirms Uptrend Continuation:...

GBPUSD: Staring Up at Resistance – Will the Bulls Break Through?

by ForexCycle.com | March 5, 2024 10:33 am
GBPUSD is currently facing resistance at the 1.2709 level. This analysis will delve into the potential implications of a breakout or breakdown from this key level, exploring both upside and downside scenarios for the currency pair. Resistance...

GBPUSD Caught in a Tug-of-War: Uptrend Still Alive or Facing Reversal?

by ForexCycle.com | February 29, 2024 2:06 am
GBPUSD has displayed some conflicting technical signals recently. While it dipped below the rising trend line on the 4-hour chart, it failed to breach the crucial 1.2602 support level. This indecisiveness has resulted in sideways movement within...

GBPUSD Breaks Support: Downtrend Resumes or Brief Dip?

by ForexCycle.com | February 15, 2024 1:16 am
GBPUSD has dropped below the key support level of 1.2571, raising concerns about a potential continuation of the downtrend from 1.2827. Let’s analyze the technicals to understand what this means for the pair’s near-term direction. Downtrend Resumption...

GBPUSD Tests Support: Will It Hold or Break?

by ForexCycle.com | February 14, 2024 12:45 am
GBPUSD has reached a make-or-break point, testing the key support level at 1.2571. The technical analysis reveals two potential scenarios depending on whether this support holds or not. Scenario 1: Support Holds, Uptrend Resumes Scenario 2: Support...