GBPUSD Daily Analysis – March 11, 2019

by ForexCycle.com | March 11, 2019 3:50 am
GBPUSD extended its downside movement from 1.3350 to as low as 1.2960. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...

GBPUSD Weekly Analysis – March 10, 2019

by ForexCycle.com | March 10, 2019 6:28 am
GBPUSD is facing the support of the bullish trend line on the daily chart. As long as the trend line support holds, the price action from 1.3217 could be treated as consolidation for the uptrend from 1.2396,...

GBPUSD Daily Analysis – March 8, 2019

by ForexCycle.com | March 8, 2019 3:07 am
GBPUSD’s downside movement from 1.3350 extended to as low as 1.3067. Key resistance is now at 1.3184. As long as this level holds, the downside movement could be expected to continue and next target would be at...

GBPUSD Daily Analysis – March 7, 2019

by ForexCycle.com | March 7, 2019 3:28 am
GBPUSD remains in the downtrend from 1.3350, the bounce from 1.3097 is likely consolidation for the downtrend. As long as 1.3200 resistance holds, the downside movement could be expected to continue and next target would be at...

GBPUSD Daily Analysis – March 6, 2019

by ForexCycle.com | March 6, 2019 1:42 am
GBPUSD’s fall from 1.3350 extended to as low as 1.3097. Further decline is still possible after a minor consolidation and next target would be at 1.3040 area. Resistance is at 1.3200, only break above this level could...

GBPUSD Daily Analysis – March 5, 2019

by ForexCycle.com | March 5, 2019 3:08 am
GBPUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.2772 had completed at 1.3350 already. Further decline could be expected in the coming days and next target would be...

GBPUSD Weekly Analysis – March 3, 2019

by ForexCycle.com | March 3, 2019 9:37 am
GBPUSD extended its upside movement from 1.2396 to as high as 1.3350. Further rise could be expected after a minor consolidation and next target would be at 1.3600 area. Near term support is at 1.3130, below this...

GBPUSD Daily Analysis – March 1, 2019

by ForexCycle.com | March 1, 2019 3:46 am
GBPUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2772. As long as the trend line support holds, the fall from 1.3350 could be treated as consolidation for the...

GBPUSD Daily Analysis – February 28, 2019

by ForexCycle.com | February 28, 2019 5:06 am
GBPUSD’s upside movement from 1.2772 extended to as high as 1.3350. Further rise is still possible after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3230, a breakdown below...

GBPUSD Daily Analysis – February 27, 2019

by ForexCycle.com | February 27, 2019 2:14 am
GBPUSD extended its upside movement from 1.2772 to as high as 1.3287, breaking above 1.3217 resistance. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected...