GBPUSD Analysis – May 15, 2023

by ForexCycle.com | May 15, 2023 2:27 am
The GBPUSD pair has been experiencing some downward pressure recently, breaking below the rising trend line on the 4-hour chart. The pair is now facing a critical support level at 1.2435, and a break below this level...

GBPUSD Analysis – May 14, 2023

by ForexCycle.com | May 14, 2023 3:29 am
GBPUSD is currently trading near a critical support level, the rising trend line on the weekly chart. The pair has been in a long-term uptrend since hitting a low of 1.0352 in September 2022. As long as...

Options And Futures Analysis For May 15-19, 2023

by Assistant Traders | May 13, 2023 10:46 am
✅ We offer you current trading ideas from important option levels on the major assets of the Forex market/CME Group. See the video overview for more details. 📈 The review provides a breakdown of the assets relevant...

GBPUSD Analysis – May 11, 2023

by ForexCycle.com | May 11, 2023 10:31 am
GBP/USD remains under pressure, as the pair continues to test a key support level at 1.2540. A break below this level could trigger further downside movement towards the rising trend line on the 4-hour chart, currently near...

GBPUSD Analysis – May 10, 2023

by ForexCycle.com | May 10, 2023 2:20 am
GBPUSD has been in an uptrend since the March low of 1.1802. However, the pair recently pulled back from its recent high of 1.2668, which may be seen as a period of consolidation for the uptrend. The...

GBPUSD Analysis – May 9, 2023

by ForexCycle.com | May 9, 2023 12:50 am
GBPUSD has been trading in a consolidating pattern recently, with the pair pulling back from its recent high of 1.2668. This suggests that a period of consolidation for the uptrend from the Mar low of 1.1802 is...

GBPUSD Analysis – May 8, 2023

by ForexCycle.com | May 8, 2023 2:40 am
GBP/USD has continued its upward momentum as it stays above a rising trend line on the 4-hour chart. The pair remains in an uptrend from the low of 1.1802 set on March 8th. Traders are watching for...

GBPUSD Analysis – May 7, 2023

by ForexCycle.com | May 7, 2023 9:28 am
GBP/USD remains in an uptrend above a rising trend line on the weekly chart. As long as this trend line support holds, the pair is likely to continue its upward movement towards the next target of 1.3100....

GBPUSD Analysis – May 5, 2023

by ForexCycle.com | May 5, 2023 10:41 am
The GBP/USD pair has been in an uptrend since hitting a low of 1.1802 in March. Recently, the pair has broken above a key resistance level at 1.2583, indicating that the uptrend has resumed. With the resistance...

GBPUSD Analysis – May 4, 2023

by ForexCycle.com | May 4, 2023 1:41 am
GBPUSD has been in a range between 1.2343 and 1.2583, with price testing the upper boundary of this range at 1.2583. A breakout above this resistance level could indicate the continuation of the uptrend and potentially lead...