GBPUSD Daily Analysis – March 19, 2020

by ForexCycle.com | March 19, 2020 2:17 am
GBPUSD continued its downside movement from 1.3199 and the fall extended to as low as 1.1451. Further decline would likely be seen and next target would be at 1.1300 area. Near term resistance is at 1.1850, a...

GBPUSD Daily Analysis – March 18, 2020

by ForexCycle.com | March 18, 2020 4:08 am
GBPUSD extended its downside movement from 1.3199 to as low as 1.2001. Further decline is still possible after a minor consolidation and next target would be at 1.1900 area. Near term resistance is at 1.2200, only break...

GBPUSD Daily Analysis – March 17, 2020

by ForexCycle.com | March 17, 2020 4:10 am
GBPUSD’s downside movement from 1.3199 extended to as low as 1.2201. Further decline would likely be seen after a minor consolidation and next target would be at 1.2100 area. Near term resistance is at 1.2420, a break...

GBPUSD Daily Analysis – March 16, 2020

by ForexCycle.com | March 16, 2020 1:53 am
GBPUSD extended its downside movement from 1.3199 to as low as 1.2265. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...

GBPUSD Weekly Analysis – March 15, 2020

by ForexCycle.com | March 15, 2020 12:31 pm
GBPUSD extended its downside movement from 1.3514 to as low as 1.2265. Further decline is still possible and next target would be at 1.2050 area. Resistance is at 1.2650, a breakout of this level could trigger another...

GBPUSD Daily Analysis – March 13, 2020

by ForexCycle.com | March 13, 2020 4:12 am
GBPUSD’s downside movement from 1.3199 extended to as low as 1.2490. Further decline would likely be seen after a minor consolidation and next target would be at 1.2400 area. Near term resistance is at 1.2640, a break...

GBPUSD Daily Analysis – March 12, 2020

by ForexCycle.com | March 12, 2020 4:33 am
GBPUSD extended its downside movement from 1.3199 to as low as 1.2804. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...

GBPUSD Daily Analysis – March 11, 2020

by ForexCycle.com | March 11, 2020 3:07 am
GBPUSD broke below the bottom of the price channel on the 4-hour chart, suggesting that the upside movement from 1.2725 had completed at 1.3199 already. Further decline is still possible and next target would be at 1.2750...

GBPUSD Daily Analysis – March 10, 2020

by ForexCycle.com | March 10, 2020 3:40 am
GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2725. As long as the channel support holds, the upside movement could be expected to continue and next target would...

GBPUSD Daily Analysis – March 9, 2020

by ForexCycle.com | March 9, 2020 3:09 am
GBPUSD extended its upside movement from 1.2725 to as high as 1.3124. Further rally is still possible after a minor consolidation and next target would be at 1.3200 area. Near term support is at 1.3040, a breakdown...