GBPUSD Daily Analysis – May 1, 2020

by ForexCycle.com | May 1, 2020 3:06 am
GBPUSD is facing 1.2647 resistance, a break of this level could trigger further upside movement to 1.2800 area. Near term support is at 1.2530, a breakdown below this level could bring the price back towards the rising...

EURUSD Daily Analysis – May 1, 2020

by ForexCycle.com | May 1, 2020 3:05 am
EURUSD stays in a bullish trend line on the 4-hour chart and remains in the uptrend from 1.0727. As long as the trend line support holds, the upside movement could be expected to continue and next target...