GBPUSD Weekly Analysis – August 2, 2020

by ForexCycle.com | August 2, 2020 2:01 pm
GBPUSD extended its upside movement from 1.1409 to as high as 1.3169. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next...

GBPUSD Daily Analysis – July 30, 2020

by ForexCycle.com | July 29, 2020 10:17 pm
GBPUSD stays above a rising trend line on the 4-hour chart, and remains in the uptrend from 1.2479. As long as the trend line support holds, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – July 28, 2020

by ForexCycle.com | July 28, 2020 12:58 am
GBPUSD extended its upside movement from 1.2251 to as high as 1.2902, breaking above 1.2812 resistance. Further rise could be expected after a minor consolidation and next target would be at 1.3000 area. Near term support is...

GBPUSD Daily Analysis – July 27, 2020

by ForexCycle.com | July 26, 2020 10:47 pm
GBPUSD’s upside movement from 1.2251 extended to as high as 1.2802. Further rise is still possible and next target would be at 1.2900 area. Near term support is at 1.2640, below this level would indicate that consolidation...

GBPUSD Weekly Analysis – July 26, 2020

by ForexCycle.com | July 26, 2020 10:10 am
GBPUSD broke above the falling trend line on the daily chart. Further rally could be expected and next target would be at 1.3100 area. Near term support is at 1.2600, a breakdown below this level could bring...

GBPUSD Daily Analysis – July 24, 2020

by ForexCycle.com | July 24, 2020 3:09 am
GBPUSD extended its upside movement from 1.2251 to as high as 1.2772. Further rise would likely be seen and next target would be at 1.2900 area. Near term support is at 1.2640, a breakdown below this level...

GBPUSD Daily Analysis – July 23, 2020

by ForexCycle.com | July 22, 2020 10:28 pm
GBPUSD remains in the uptrend from 1.2251. Further rise would likely be seen after consolidation and next target would be at 1.2900 area. Near term support is at 1.2640, a breakdown below this level could bring the...

GBPUSD Daily Analysis – July 22, 2020

by ForexCycle.com | July 22, 2020 1:54 am
GBPUSD extended its upside movement from 1.2251 to as high as 1.2767. Further rise would likely be seen after a minor consolidation and next target would be at 1.2900 area. Near term support is at 1.2650, a...

GBPUSD Daily Analysis – July 21, 2020

by ForexCycle.com | July 21, 2020 4:36 am
GBPUSD broke above 1.2669 resistance, suggesting that the uptrend from 1.2251 has resumed. Further rise could be expected and next target would be at 1.2800 area. Key support is at 1.2479, only break below this level could...

GBPUSD Daily Analysis – July 20, 2020

by ForexCycle.com | July 19, 2020 10:38 pm
GBPUSD continued its sideways movement in a trading range between 1.2479 and 1.2669. The sideways movement is likely consolidation for the uptrend from 1.2251. As long as 1.2479 support holds, the uptrend could be expected to resume,...