GBPUSD Daily Analysis – December 19, 2019

by ForexCycle.com | December 19, 2019 3:01 am
GBPUSD is facing 1.3049 support, a breakdown below this level would indicate that the upside movement from 1.2768 had completed at 1.3514 already, then the pair would find support at around 1.2850. Near term resistance is at...

GBPUSD Daily Analysis – December 18, 2019

by ForexCycle.com | December 18, 2019 3:07 am
GBPUSD broke below the rising trend line on the 4-hour chart and is now facing the key support level at 1.3049. A breakdown below this level would confirm that the upside movement from 1.2768 had completed at...

GBPUSD Daily Analysis – December 17, 2019

by ForexCycle.com | December 17, 2019 3:49 am
GBPUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2822. As long as the price is above the trend line, the pullback from 1.3514 could be treated as consolidation...

GBPUSD Weekly Analysis – December 15, 2019

by ForexCycle.com | December 15, 2019 5:28 am
GBPUSD’s upside movement from 1.1958 extended to as high as 1.3514. As long as the price is in the rising price channel on the daily chart, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – December 13, 2019

by ForexCycle.com | December 13, 2019 3:30 am
GBPUSD’s upside movement from 1.2822 extended to as high as 1.3514. Further rise is still possible after a minor consolidation and next target would be at 1.3550 area. Near term support is at 1.3350, below this level...

GBPUSD Daily Analysis – December 12, 2019

by ForexCycle.com | December 11, 2019 11:05 pm
GBPUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2822. As long as the channel support holds, the upside movement could be expected to continue and next target would...

GBPUSD Daily Analysis – December 11, 2019

by ForexCycle.com | December 11, 2019 4:02 am
GBPUSD extended its upside movement from 1.2822 to as high as 1.3214. Further rise is still possible after consolidation and next target would be at 1.3250 area. Support is located at the bottom of the price channel...

GBPUSD Daily Analysis – December 10, 2019

by ForexCycle.com | December 10, 2019 4:51 am
GBPUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2822. As long as the channel support holds, the upside movement could be expected to continue and next target would...

GBPUSD Daily Analysis – December 9, 2019

by ForexCycle.com | December 9, 2019 12:29 am
GBPUSD extended its upside move from 1.2822 to as high as 1.3166. As long as the price is in the bullish price channel on the 4-hour chart, the pullback from 1.3166 could be treated as consolidation for...

GBPUSD Weekly Analysis – December 8, 2019

by ForexCycle.com | December 8, 2019 10:34 am
GBPUSD extended its upside movement from 1.1958 to as high as 1.3166, breaking above 1.3012 resistance. Further rise is still possible and next target would be at 1.3350 area. Key support is at 1.2768, only break below...