GBPUSD Weekly Analysis – September 20, 2020

by ForexCycle.com | September 20, 2020 12:38 pm
GBPUSD is facing the support of the rising price channel on the daily chart. As long as the channel support holds, the upside movement from 1.1409 could be expected to resume, and further rise to 1.3800 area...

GBPUSD Weekly Analysis – September 13, 2020

by ForexCycle.com | September 13, 2020 2:02 pm
GBPUSD stays in a rising price channel on the daily chart and remains in the uptrend from 1.1409. As long as the channel support holds, the pullback from 1.3482 could be treated as corrective consolidation for the...

GBPUSD Weekly Analysis – August 23, 2020

by ForexCycle.com | August 23, 2020 1:37 pm
GBPUSD extended its upside movement from 1.1409 to as high as 1.3266. Further rise is still possible after a minor consolidation and next target would be at 1.3500 area. Near term support is at 1.2980, a breakdown...

GBPUSD Daily Analysis – August 21, 2020

by ForexCycle.com | August 21, 2020 1:45 am
GBPUSD broke above 1.3185 resistance and extended its upside movement from 1.2251 (Jun 29 low) to as high as 1.3266. Further rise would likely be seen in the coming days and next target would be at 1.3400...

GBPUSD Daily Analysis – August 17, 2020

by ForexCycle.com | August 16, 2020 10:42 pm
GBPUSD moved sideways in a trading range between 1.2980 and 1.3185. The sideways movement is likely consolidation for the uptrend from 1.2251 (Jun 29 low). As long as 1.2980 support holds, the uptrend could be expected to...

GBPUSD Weekly Analysis – August 16, 2020

by ForexCycle.com | August 16, 2020 2:11 pm
GBPUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.1409. Further rise would likely be seen in a couple of weeks and next target would be at 1.3500 area....

GBPUSD Daily Analysis – August 14, 2020

by ForexCycle.com | August 14, 2020 2:24 am
GBPUSD failed to break below 1.2980 support and moved sideways in a trading range between 1.2980 and 1.3185. As long as 1.2980 support holds, the upside movement from 1.2251 (Jun 29 low) could be expected to resume,...

GBPUSD Daily Analysis – August 13, 2020

by ForexCycle.com | August 12, 2020 10:37 pm
GBPUSD is facing 1.2980 support, a breakdown below this level would indicate that the upside movement from 1.2251 (Jun 29 low) had completed at 1.3185 already, then the pair would find next support level at around 1.2850,...

GBPUSD Daily Analysis – August 12, 2020

by ForexCycle.com | August 12, 2020 4:52 am
GBPUSD continued its sideways movement in a trading range between 1.2980 and 1.3185. The price action in the range is likely consolidation for the uptrend from 1.2251 (Jun 29 low). As long as 1.2980 support holds the...

GBPUSD Daily Analysis – August 11, 2020

by ForexCycle.com | August 10, 2020 10:26 pm
GBPUSD moved sideways in a trading range between 1.2980 and 1.3185. As long as 1.2980 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.2251 (Jun 29 low), and further rise towards...