GBP/USD Forecast February 21, 2014, Technical Analysis

by FX Empire | February 21, 2014 7:17 am
The GBP/USD pair went back and forth during the session on Thursday, settling for a slightly negative candle. However, we find most interesting about this pair right now is that it seems to be running out of...

GBPUSD Daily Analysis – February 21, 2014

by ForexCycle.com | February 21, 2014 4:01 am
GBPUSD is facing 1.6620 support, a breakdown below this level will indicate that the uptrend from 1.6252 had completed at 1.6822 already, then deeper decline to 1.6435 area could be seen. On the upside, as long as...

GBP/USD Forecast February 20, 2014, Technical Analysis

by FX Empire | February 20, 2014 4:55 am
The cable pair went back and forth during the session on Wednesday, printing a neutral candle. The fact that we had a fairly wide range for the session and couldn’t really decide anything suggests to us that...

GBPUSD Daily Analysis – February 20, 2014

by ForexCycle.com | February 20, 2014 2:41 am
GBPUSD is in consolidation of the uptrend from 1.6252. Range trading between 1.6620 and 1.6822 would likely be seen in a couple of days. Support is at 1.6620, as long as this level holds, the uptrend could...

GBPUSD Daily Analysis – February 19, 2014

by ForexCycle.com | February 19, 2014 2:06 am
GBPUSD remains in uptrend from 1.6252, the fall from 1.6822 is likely consolidation of the uptrend. Range trading between 1.6620 and 1.6822 is possible in a couple of days. As long as 1.6620 support holds, the uptrend...

GBP/USD Potential Pullback (February 18, 2014)

by Kate Curtis | February 18, 2014 7:36 am
GBP/USD has made a stellar rally in the past few trading days, but it appears that the climb is losing steam and the pair needs to make a pullback. On the 1-hour chart, it can be seen...

GBP/USD Forecast February 18, 2014, Technical Analysis

by FX Empire | February 18, 2014 5:21 am
The GBP/USD pair initially try to rally during the session on Monday, but found the area above the 1.68 level as being far too rich, and pulled back. Towards the end of the day we sat around...

GBPUSD Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:25 am
GBPUSD remains in uptrend from 1.6252, the fall from 1.6822 is likely consolidation of the uptrend. Support is at 1.6670, as long as this level holds, the uptrend could be expected to resume, and another rise towards...

GBPUSD Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:38 am
GBPUSD broke above 1.6668 resistance and the upward movement from 1.6252 extends to as high as 1.6822. Support is now at 1.6670, as long as this level holds, the uptrend could be expected to continue, and next...

GBPUSD Weekly Analysis – February 16, 2014

by ForexCycle.com | February 16, 2014 7:49 am
GBPUSD broke above 1.6668 resistance, and reached as high as 1.6755, indicating the the uptrend from 1.4813 has resumed. Further rise could be expected in a couple of weeks, and next target would be at 1.7000 area....