GBPUSD Daily Analysis – January 24, 2019

by ForexCycle.com | January 24, 2019 5:14 am
GBPUSD broke above 1.3000 resistance and extended its upside movement from 1.2396 to as high as 1.3094. Further rise is still possible after a minor consolidation and next target would be at 1.3200 area. Near term support...

GBPUSD Daily Analysis – January 23, 2019

by ForexCycle.com | January 23, 2019 3:35 am
GBPUSD is facing the resistance at 1.3000, a break of this level would indicate that the upside movement from 1.2396 has resumed, then next target would be at 1.3100 area. Support is located at the bullish trend...

GBPUSD: Options And Futures Analysis For January 22, 2019

by Assistant Traders | January 22, 2019 9:15 am
    The closest important resistance level on the daily timeframe is the monthly heder resistance level at 1.3055.     When the asset quotes are fixed above the indicated option resistance level, the next goal is to increase the option...

GBPUSD Daily Analysis – January 22, 2019

by ForexCycle.com | January 22, 2019 2:33 am
GBPUSD stays above the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2396. As long as the trend line support holds, the upside movement could be expected to continue...

GBPUSD Daily Analysis – January 21, 2019

by ForexCycle.com | January 21, 2019 4:34 am
GBPUSD remains in the uptrend from 1.2396, the fall from 1.3000 is likely consolidation for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...

GBPUSD Weekly Analysis – January 20, 2019

by ForexCycle.com | January 20, 2019 6:16 am
GBPUSD’s bounce from 1.2396 extended to as high as 1.3000. Further rally could be expected in a couple of weeks and next target would be at 1.3100 area. Near term support is at 1.2750, a breakdown below...

GBPUSD Daily Analysis – January 18, 2019

by ForexCycle.com | January 18, 2019 4:54 am
GBPUSD broke above 1.2930 resistance, suggesting that the uptrend from 1.2396 has resumed. Further rise could be expected in a couple of days and next target would be at 1.3100 area. Support is at 1.2850, as long...

GBPUSD Daily Analysis – January 17, 2019

by ForexCycle.com | January 17, 2019 1:52 am
GBPUSD is facing 1.2930 resistance, a break of this level would indicate that the upside movement from 1.2396 has resumed, then further rise towards 1.3000 could be seen. Near term support is at 1.2780, below this level...

GBPUSD Daily Analysis – January 16, 2019

by ForexCycle.com | January 16, 2019 4:26 am
GBPUSD remains in the uptrend from 1.2396, the pullback from 1.2930 is likely correction for the uptrend. Another rise towards 1.3000 could be expected in the coming days. Near term support is at 1.2780, below this level...