GBPUSD Daily Analysis – March 22, 2019

by ForexCycle.com | March 22, 2019 3:16 am
GBPUSD extended its downside movement from 1.3381 to as low as 1.3003. Deeper decline to test 1.2960 support is possible after consolidation, a breakdown below this level would aim 1.2850 area. Resistance is at the falling trend...

GBPUSD Daily Analysis – March 21, 2019

by ForexCycle.com | March 21, 2019 1:48 am
GBPUSD broke below 1.3184 support, suggesting that the upside movement from 1.2960 had completed at 1.3381 already. Further decline could be expected in a couple of days and next target would be at 1.3000 area. Resistance is...

GBPUSD Daily Analysis – March 20, 2019

by ForexCycle.com | March 20, 2019 2:51 am
GBPUSD remains in the uptrend from 1.2960, the fall from 1.3381 is likely consolidation for the uptrend. Support is at 1.3184, as long as this level holds, another rise towards 1.3500 could be expected after the consolidation....

GBPUSD Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:55 am
GBPUSD’s fall from 1.3381 extended to as low as 1.3184. Deeper decline is still possible in the coming days and next target would be at 1.3100 area. Resistance is now at 1.3300, only a break of this...

GBPUSD Daily Analysis – March 18, 2019

by ForexCycle.com | March 18, 2019 12:25 am
GBPUSD is in the short term downtrend from 1.3381, the bounce from 1.3202 is likely correction for the downtrend. Deeper decline would likely be seen and next target would be at 1.3100 area. Resistance is at 1.3381,...

GBPUSD Weekly Analysis – March 16, 2019

by ForexCycle.com | March 16, 2019 8:43 am
GBPUSD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2396. As long as the trend line support holds, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – March 15, 2019

by ForexCycle.com | March 15, 2019 1:02 am
After touching 1.3350 resistance, GBPUSD pulled back from 1.3381. Deeper decline would likely be seen and the target would be at 1.3100 area. As long as 1.3100 support holds, the fall could be treated as consolidation for...

GBPUSD Daily Analysis – March 14, 2019

by ForexCycle.com | March 14, 2019 6:06 am
GBPUSD broke above 1.3350 resistance, suggesting that the upside movement from 1.2772 has resumed. Further rise is still possible in a couple of days and next target would be at 1.3500 area. Support is at 1.3200, only...

GBPUSD Daily Analysis – March 13, 2019

by ForexCycle.com | March 13, 2019 5:27 am
GBPUSD failed to break above 1.13350 resistance and stayed in a trading range between 1.2960 and 1.3350. Lengthier consolidation in the trading range is possible in a couple of days. Another rise towards 1.3600 would likely be...

GBPUSD Daily Analysis – March 12, 2019

by ForexCycle.com | March 12, 2019 2:45 am
GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3350 had completed at 1.2960 already. Further rise could be expected after consolidation and next target would be at 1.3350...