GBPUSD Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:18 am
GBPUSD broke below 1.2392 support, suggesting that the upside movement from 1.1958 had completed at 1.2581 already. Deeper decline would likely be seen and next target would be at 1.2260 area. Resistance is at the bearish trend...

GBPUSD Daily Analysis – September 25, 2019

by ForexCycle.com | September 25, 2019 3:43 am
GBPUSD failed to break below 1.2392 support, suggesting that the pair remains in the uptrend from 1.1958. Another rise towards 1.2600 would likely be seen in the coming days. Only a breakdown below 1.2392 support would indicate...

GBPUSD Daily Analysis – September 24, 2019

by ForexCycle.com | September 24, 2019 5:18 am
GBPUSD broke below the bottom support trend line of the price channel on the 4-hour chart, deeper decline to test 1.2392 support is possible, below this level would indicate that the upside movement from 1.1958 had completed...

GBPUSD Daily Analysis – September 23, 2019

by ForexCycle.com | September 22, 2019 9:59 pm
GBPUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.1958. As long as the channel support holds, the pullback from 1.2581 could be treated as consolidation for the uptrend,...

GBPUSD Weekly Analysis – September 22, 2019

by ForexCycle.com | September 22, 2019 10:13 am
GBPUSD extended its upside movement from 1.1958 to as high as 1.2581. Further rally is still possible next week and next target would be at 1.2750 area. Near term support is at 1.2390, below this level would...

GBPUSD Daily Analysis – September 20, 2019

by ForexCycle.com | September 20, 2019 1:01 am
GBPUSD extended its upside movement from 1.1958 to as high as 1.2560. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...

GBPUSD Daily Analysis – September 19, 2019

by ForexCycle.com | September 19, 2019 2:19 am
GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.1958. As long as the channel support holds, the uptrend could be expected to continue and next target would be...

GBPUSD Daily Analysis – September 18, 2019

by ForexCycle.com | September 18, 2019 1:45 am
GBPUSD extended its upside movement from 1.1958 to as high as 1.2526. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...

GBPUSD Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:45 am
GBPUSD stays in rising price channel on the 4-hour chart and remains in the uptrend from 1.1958. As long as the channel support holds, the pullback from 1.2505 could be treated as consolidation for the uptrend, a...

GBPUSD Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:54 pm
GBPUSD extended its upside movement from 1.1958 to as high as 1.2505. 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...