GBPUSD Daily Analysis – August 19, 2019

by ForexCycle.com | August 19, 2019 3:01 am
GBPUSD moved sideways in a trading range between 1.2014 and 1.2249. As long as 1.2249 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2578, further decline to 1.1950 area is still...

GBPUSD Daily Analysis – August 15, 2019

by ForexCycle.com | August 15, 2019 2:47 am
GBPUSD continued its sideways movement in a trading range between 1.2014 and 1.2106. The price action in the range is likely consolidation for the downtrend from 1.2578, further decline to 1.1950 area is still possible after the...

GBPUSD Daily Analysis – August 14, 2019

by ForexCycle.com | August 14, 2019 4:14 am
GBPUSD moved sideways in a trading range between 1.2014 and 1.2106. As long as 1.2106 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2578, further decline to 1.1950 area is still...

GBPUSD Daily Analysis – August 13, 2019

by ForexCycle.com | August 13, 2019 2:26 am
GBPUSD’s downside movement from 1.2578 extended to as low as 1.2014. Further decline is still possible and next target would be at 1.1950 area. Near term resistance is at 1.2110, above this level could trigger another rise...

GBPUSD Daily Analysis – August 12, 2019

by ForexCycle.com | August 12, 2019 4:18 am
GBPUSD broke below 1.2077 support and extended its downside movement from 1.2578 to as low as 1.2014. Further decline is still possible and next target would be at 1.1900 area. Near term resistance is at 1.2080, above...

GBPUSD Daily Analysis – August 9, 2019

by ForexCycle.com | August 9, 2019 2:34 am
GBPUSD stays in a trading range between between 1.2077 and 1.2249. Key resistance is at 1.2249, as long as this level holds, the sideways movement could be treated as consolidation for the downtrend from 1.2578, further decline...

GBPUSD Daily Analysis – August 8, 2019

by ForexCycle.com | August 8, 2019 1:41 am
GBPUSD continued its sideways movement in a trading range between 1.2077 and 1.2249. As long as 1.2249 resistance holds, the price action in the trading range could be treated as consolidation for the downtrend from 1.2578, another...

GBPUSD Daily Analysis – August 7, 2019

by ForexCycle.com | August 7, 2019 2:00 am
GBPUSD moved sideways in a narrow range between 1.2077 and 1.2249. As long as 1.2249 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2578, further decline to 1.2000 area is still...

GBPUSD Daily Analysis – August 6, 2019

by ForexCycle.com | August 5, 2019 10:46 pm
GBPUSD continued its sideways movement in a trading range between 1.2077 and 1.2249. The sideways movement is likely consolidation for the downtrend from 1.2578, further decline to 1.2000 area is still possible after the consolidation. Key resistance...

GBPUSD Daily Analysis – August 5, 2019

by ForexCycle.com | August 5, 2019 4:33 am
GBPUSD moved sideways in a trading range between 1.2077 and 1.2249. As long as 1.2249 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2578, further decline towards 1.2000 area is still...