GBPUSD Weekly Analysis – April 21, 2019

by ForexCycle.com | April 21, 2019 12:27 am
GBPUSD remains in the uptrend from 1.2396, as long as 1.2960 support holds, the pullback from 1.3381 could be treated as consolidation for the uptrend. Key resistance is at 1.3132, a break of this level could trigger...

GBPUSD Daily Analysis – April 19, 2019

by ForexCycle.com | April 19, 2019 2:22 am
GBPUSD is facing 1.2960 support once again. A breakdown below this level could trigger further downside movement towards 1.2800. Near term resistance is at 1.3030, a break of this level could take the price back to 1.3080...

GBPUSD Daily Analysis – April 18, 2019

by ForexCycle.com | April 18, 2019 3:21 am
GBPUSD formed a triangle pattern on the 4-hour chart. Resistance is at the upper border of the pattern, a breakout could trigger another bullish movement towards 1.3400. Key support is at 1.2960, a breakdown below this level...

GBPUSD Daily Analysis – April 17, 2019

by ForexCycle.com | April 17, 2019 1:21 am
GBPUSD failed to breakout of the upper trend line of the triangle pattern on the 4-hour chart and pulled back from 1.3132. Another fall to test 1.2960 key support would likely be seen in the coming days,...

GBPUSD Daily Analysis – April 16, 2019

by ForexCycle.com | April 16, 2019 2:09 am
GBPUSD is testing that the resistance of the upper trend line of the triangle pattern on the 4-hour chart. A breakout of the this trend line could trigger further upside movement to 1.3400 area. Key support is...

GBPUSD Daily Analysis – April 15, 2019

by ForexCycle.com | April 15, 2019 3:21 am
GBPUSD is facing the resistance of the upper trend line of the triangle pattern on the 4-hour chart, a break of this trend line resistance could take the price to 1.3400 area. Key support is at 1.2960,...

GBPUSD Weekly Analysis – April 13, 2019

by ForexCycle.com | April 13, 2019 8:17 am
GBPUSD is facing 1.2960 support. A breakdown below this level would indicate that the upside movement from 1.2396 had completed at 1.3381 already, then further decline to 1.2600 area could be seen. On the upside, as long...

GBPUSD Daily Analysis – April 12, 2019

by ForexCycle.com | April 12, 2019 4:16 am
GBPUSD stays in a triangle pattern on the 4-hour chart. As long as 1.2960 support holds, the price action in the triangle could be treated as consolidation for the uptrend from 1.2396 (Jan 3 low), a breakout...

GBPUSD Daily Analysis – April 11, 2019

by ForexCycle.com | April 11, 2019 3:11 am
GBPUSD formed a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the uptrend from 1.2396 (Jan 3 low), a breakout of the upper border of the pattern could take the price to...

GBPUSD Daily Analysis – April 10, 2019

by ForexCycle.com | April 10, 2019 3:32 am
GBPUSD is forming a triangle pattern on the 4-hour chart. Another rise towards the upper border of the pattern would likely be seen in the coming days. Resistance is at the falling trend line, a breakout of...