GBPUSD Daily Analysis – March 31, 2015

by ForexCycle.com | March 31, 2015 2:36 am
GBPUSD remains in uptrend from 1.4634. Further rise to 1.5350 area to complete the upward movement would likely be seen. Resistance is at 1.5000, a break of this level could signal resumption of the uptrend. Key support...

GBP/USD Forecast March 30, 2015, Technical Analysis

by FX Empire | March 30, 2015 6:25 am
The GBP/USD pair broke back and forth during the course of the session on Friday, but most importantly tested the 1.48 level below for support. If we can break down below that level, we feel that the...

GBPUSD Daily Analysis – March 30, 2015

by ForexCycle.com | March 30, 2015 4:25 am
GBPUSD is in uptrend from 1.4634. Further rise would likely be seen, and the target would be at 1.5350 area. Resistance is at 1.5000, a break of this level could signal resumption of the uptrend. Key support...

GBPUSD Weekly Analysis – March 29, 2015

by ForexCycle.com | March 29, 2015 7:20 am
GBPUSD’s bounce from 1.4634 extended to as high as 1.5162. Further rise to test the resistance of the top of the price channel on daily chart is possible. As long as the channel resistance holds, the rise...

GBP/USD Forecast March 26, 2015, Technical Analysis

by FX Empire | March 26, 2015 8:09 am
The GBP/USD pair broke higher during the course of the session on Wednesday, but found the 1.50 level to be far too resistive and turned back around to form a shooting star. If we can break down...

GBP/USD Forecast March 25, 2015, Technical Analysis

by FX Empire | March 25, 2015 6:00 am
The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but found the 1.50 level to be a bit too resistive. By doing so, the market turned back around and form a...

GBPUSD Daily Analysis – March 25, 2015

by ForexCycle.com | March 25, 2015 3:12 am
GBPUSD stays in the trading range between 1.4634 and 1.5162. Key resistance is at 1.5162, as long as this level holds, the sideways movement could be expected to continue over the next several days, and another fall...

GBP/USD Forecast March 24, 2015, Technical Analysis

by FX Empire | March 24, 2015 9:59 am
The GBP/USD pair initially fell during the course of the session on Monday, but found enough support at the 1.48 level to turn things back around and form a hammer. Because of this, looks like the British...

GBPUSD Daily Analysis – March 24, 2015

by ForexCycle.com | March 24, 2015 2:14 am
GBPUSD is forming a sideways consolidation in a range between 1.4634 and 1.5162. As long as 1.5162 resistance holds, the sideways movement could be expected to continue over the next several days, and another fall towards 1.4000...

GBPUSD Daily Analysis – March 23, 2015

by ForexCycle.com | March 23, 2015 3:28 am
GBPUSD stays in the trading range between 1.4634 and 1.5162. The sideways movement could be expected to continue over the next several days. Resistance is at 1.5162, as long as this level holds, another fall towards 1.4000...