GBPUSD Daily Analysis – July 18, 2023

by ForexCycle.com | July 18, 2023 7:13 am
GBPUSD has been exhibiting a strong uptrend, continuing its ascent from 1.2590 to reach as high as 1.3141. Despite the recent pullback from this high, the overall uptrend remains intact as long as the price stays above...

GBPUSD Daily Analysis – July 17, 2023

by ForexCycle.com | July 17, 2023 8:56 am
The GBPUSD pair continues to demonstrate strength as it remains above a rising trend line on the 4-hour chart, affirming its position within the ongoing uptrend from the 1.2590 level. Traders can interpret the recent pullback from...

GBPUSD Weekly Analysis – July 15, 2023

by ForexCycle.com | July 15, 2023 3:10 am
The GBPUSD pair has been on an impressive long-term uptrend, stretching from 1.0352 to as high as 1.3141. This sustained upward momentum signals the strength of the British pound against the US dollar and suggests that further...

GBPUSD Daily Analysis – July 14, 2023

by ForexCycle.com | July 14, 2023 11:23 am
The GBPUSD currency pair has experienced a significant upside move, extending from its recent low of 1.2590 to reach as high as 1.3141. This robust rally has instilled optimism among traders, who are now anticipating further gains...

GBPUSD Daily Analysis – July 13, 2023

by ForexCycle.com | July 13, 2023 2:00 am
The GBPUSD currency pair has continued its impressive upward move, extending from 1.2590 to reach as high as 1.3000. This surge in value has garnered attention among traders and analysts, who foresee the potential for further gains...

GBPUSD Daily Analysis – July 12, 2023

by ForexCycle.com | July 12, 2023 8:50 am
The GBPUSD currency pair has experienced a noteworthy upward movement, extending its gains from 1.2590 to a recent high of 1.2968. This surge in value has sparked speculation among traders and analysts regarding the potential for further...

GBPUSD Daily Analysis – July 11, 2023

by ForexCycle.com | July 11, 2023 3:06 am
The GBPUSD currency pair has made a decisive breakthrough above the significant resistance level at 1.2847, suggesting the potential for further upside movement in the coming days. This bullish development indicates that buyers have gained control and...

GBPUSD Daily Analysis – July 10, 2023

by ForexCycle.com | July 10, 2023 4:30 am
The GBPUSD currency pair has been making notable strides in recent sessions and is now approaching a critical resistance level at 1.2847. Traders are closely monitoring this level, as a break above it could potentially trigger a...

GBPUSD Weekly Analysis – July 8, 2023

by ForexCycle.com | July 8, 2023 6:18 am
The GBPUSD currency pair has been maintaining its long-term uptrend, which originated from 1.0352. This upward trajectory suggests that further gains could be expected in the coming weeks, with a potential next target in the 1.3200 area....

GBPUSD Daily Analysis – July 7, 2023

by ForexCycle.com | July 7, 2023 4:04 am
GBPUSD has successfully broken above the key resistance level at 1.2758, indicating a potential resumption of the upside move from 1.2307. This breakthrough suggests a shift in market sentiment and a possible continuation of the bullish momentum...