GBPUSD Daily Analysis – October 17, 2019

by ForexCycle.com | October 16, 2019 11:09 pm
GBPUSD extended its upside movement from 1.2195 to as high as 1.2876. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...

GBPUSD Daily Analysis – October 16, 2019

by ForexCycle.com | October 16, 2019 3:28 am
GBPUSD broke above 1.2707 resistance and extended its upside movement from 1.2195 to as high as 1.2799. The upside movement could be expected to continue after a minor consolidation and next target would be at 1.2900 area....

GBPUSD Daily Analysis – October 15, 2019

by ForexCycle.com | October 15, 2019 3:36 am
GBPUSD moved sideways in a trading range between 1.2516 and 1.2707. As long as 1.2516 support holds, the sideways movement could be treated as consolidation for the uptrend, further rise to 1.2900 area is still possible. On...

GBPUSD Daily Analysis – October 14, 2019

by ForexCycle.com | October 14, 2019 3:02 am
GBPUSD remains in the uptrend from 1.2195, the pullback from 1.2707 is likely consolidation for the uptrend. Range trading between 1.2530 and 1.2707 would likely be seen in a couple of days. As long as 1.2530 support...

GBPUSD Weekly Analysis – October 13, 2019

by ForexCycle.com | October 13, 2019 3:26 am
GBPUSD extended its upside movement from 1.1958 to as high as 1.2707. Further rise could be expected after a minor consolidation and next target would be at 1.3000 area. Near term support is at 1.2530, below this...

GBPUSD Daily Analysis – October 11, 2019

by ForexCycle.com | October 11, 2019 3:17 am
GBPUSD bounced strongly to 1.2470 area, suggesting that the downtrend from 1.2581 had completed at 1.2195 already. Further rally could be expected after a minor consolidation and next target would be at 1.2600 area. Support is at...

GBPUSD Daily Analysis – October 10, 2019

by ForexCycle.com | October 10, 2019 1:55 am
GBPUSD remains in the downtrend from 1.2581, further decline could be expected and next target would be at 1.2100 area. Near term resistance is at 1.2290, above this level could trigger another rise to 1.2400 zone.

GBPUSD Daily Analysis – October 9, 2019

by ForexCycle.com | October 9, 2019 3:36 am
GBPUSD broke below 1.2205 support, suggesting that the downside movement from 1.2581 has resumed. Further decline could be expected in the coming days and next target would be at 1.2050 area. Near term resistance is at 1.2265,...

GBPUSD Daily Analysis – October 8, 2019

by ForexCycle.com | October 8, 2019 2:20 am
GBPUSD is facing 1.2260 support, a breakdown below this level could trigger another downside movement towards 1.2000. On the upside, as long as 1.2260 support holds, the fall from 1.2413 could be treated as consolidation for the...

GBPUSD Daily Analysis – October 7, 2019

by ForexCycle.com | October 7, 2019 2:49 am
GBPUSD is now in the uptrend from 1.2205, further rally could be expected in the coming days and next target would be at 1.2500 area. Support is at 1.2260, only break below this level could trigger another...