GBPUSD Daily Analysis – October 31, 2019

by ForexCycle.com | October 31, 2019 1:44 am
GBPUSD extended its upside movement from 1.2788 to as high as 1.2915. Further rise could be expected in the coming days and next target would be at 1.2980 area. Near term support is at 1.2840, below this...

GBPUSD Daily Analysis – October 30, 2019

by ForexCycle.com | October 30, 2019 3:25 am
GBPUSD broke above the falling price channel on the 4-hour chart, suggesting that the downtrend from 1.3012 had completed at 1.2788 already. Further rally would likely be seen and next target would be at 1.2980 area. Support...

GBPUSD Daily Analysis – October 29, 2019

by ForexCycle.com | October 29, 2019 12:24 am
GBPUSD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2788 could be treated as consolidation for the downtrend from 1.3012, further decline...

GBPUSD Daily Analysis – October 28, 2019

by ForexCycle.com | October 27, 2019 11:13 pm
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3012. As long as the channel resistance holds, the downside movement could be extended to continue and next target would...

GBPUSD Weekly Analysis – October 27, 2019

by ForexCycle.com | October 27, 2019 1:56 pm
GBPUSD remains in the uptrend from 1.1958, the pullback from 1.3012 is likely consolidation for the uptrend. Further rise would likely be seen after the consolidation and next target would be at 1.3250 area. Near term support...

GBPUSD Daily Analysis – October 25, 2019

by ForexCycle.com | October 25, 2019 1:35 am
GBPUSD broke below 1.2839 support, suggesting that the upside movement from 1.2195 had completed at 1.3012 already. Resistance is now located at the top trend line of the price channel on the 4-hour chart. As long as...

GBPUSD Daily Analysis – October 24, 2019

by ForexCycle.com | October 24, 2019 1:50 am
GBPUSD failed to break below 1.2839 support, suggesting that the pair remains in the uptrend from 1.2195. As long as 1.2839 support holds, the uptrend could be expected to resume, further rise towards 1.3150 is still possible....

GBPUSD Daily Analysis – October 23, 2019

by ForexCycle.com | October 22, 2019 11:04 pm
GBPUSD broke below the rising trend line on the 4-hour chart and is now facing 1.2839 support, a breakdown below this level would indicate that the uptrend from 1.2195 had completed at 1.3012 already, then further decline...

GBPUSD Daily Analysis – October 22, 2019

by ForexCycle.com | October 22, 2019 4:09 am
GBPUSD extended its upside movement from 1.2195 to as high as 1.3012. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

GBPUSD Daily Analysis – October 21, 2019

by ForexCycle.com | October 21, 2019 3:11 am
GBPUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.2195. As long as the trend line support holds, the upside movement could be expected to continue and next target...