GBPUSD Daily Analysis – January 15, 2019

by ForexCycle.com | January 15, 2019 2:42 am
GBPUSD extended its upside movement from 1.2396 to as high as 1.2930. Further rise is still possible after a minor consolidation and next target would be at 1.3000 area. Near term support is at 1.2810, below this...

GBPUSD Daily Analysis – January 14, 2019

by ForexCycle.com | January 14, 2019 2:39 am
GBPUSD broke above 1.2814 resistance, suggesting that the uptrend from 1.2396 has resumed. Further rise could be expected and next target would be at 1.3000 area. Key support is at 1.2705, a breakdown below this level could...

GBPUSD Weekly Analysis – January 13, 2019

by ForexCycle.com | January 13, 2019 8:06 am
GBPUSD broke above 1.2814 resistance, suggesting that the downside movement from 1.3298 had completed at 1.2396 already. Further rally would likely be seen in a couple of weeks and next target would be at 1.3100 area. Near...

GBPUSD Daily Analysis – January 11, 2019

by ForexCycle.com | January 11, 2019 3:36 am
GBPUSD moved sideways below the key resistance at 1.2814. A break of this level could trigger further upside movement towards 1.2900. Near term support is at 1.2705, below this level could bring the price back to 1.2550...

GBPUSD Daily Analysis – January 10, 2019

by ForexCycle.com | January 10, 2019 2:12 am
GBPUSD is facing 1.2814 resistance once again, a breakout of this level could trigger further upside movement towards 1.2900. Near term support is at 1.2705, below this level could bring the price back to 1.2550 area.

GBPUSD Daily Analysis – January 9, 2019

by ForexCycle.com | January 9, 2019 1:42 am
GBPUSD failed to break above 1.2814 resistance and pulled back from 1.2796. However, another rise to test this resistance is possible after a minor consolidation, above here would aim 1.2900 area. Support is at 1.2700, below this...

GBPUSD Daily Analysis – January 8, 2019

by ForexCycle.com | January 8, 2019 3:49 am
GBPUSD extended its upside movement from 1.2396 to as high as 1.2788, facing the key resistance level at 1.2814, above this level could trigger further upside movement to 1.2900 area. Near term support is at 1.2715, a...

GBPUSD Daily Analysis – January 7, 2019

by ForexCycle.com | January 7, 2019 2:05 am
GBPUSD remains in the uptrend from 1.2396, further rise would likely be seen in a couple of days and next target would be at 1.2814 resistance. Near term support is at 1.2660, only a breakdown below this...

GBPUSD Weekly Analysis – January 5, 2019

by ForexCycle.com | January 5, 2019 2:10 pm
GBPUSD extended its downside movement from 1.3298 to as low as 1.2396. Further decline is still possible after consolidation and next target would be at 1.2200 area. Key resistance is at 1.2814, above this level would indicate...

GBPUSD Daily Analysis – January 4, 2019

by ForexCycle.com | January 4, 2019 2:35 am
GBPUSD broke above 1.2640 resistance, suggesting that the downside movement from 1.2814 had completed at 1.2396 already. Further rally could be expected in a couple of days and next target would be at 1.2800 area. Near term...