GBPUSD Daily Analysis – November 14, 2018

by ForexCycle.com | November 14, 2018 1:57 am
GBPUSD broke above 1.2950 resistance, suggesting that the downside movement from 1.3174 had completed at 1.2826 already. Further rise could be expected and next target would be at 1.3150 area. Near term support is at 1.2930, only...

GBPUSD Daily Analysis – November 13, 2018

by ForexCycle.com | November 13, 2018 1:13 am
GBPUSD’s downside movement from 1.3174 extended to as low as 1.2826. Further decline is still possible and next target would be at 1.2750 area. Resistance is at 1.2950, only a break of this level could bring the...

GBPUSD Daily Analysis – November 12, 2018

by ForexCycle.com | November 12, 2018 1:05 am
GBPUSD extended its downside movement from 1.3174 to as low as 1.2913. Further decline is still possible after a minor consolidation and next target would be at 1.2850 area. Resistance is at 1.3050, only a break of...

GBPUSD Weekly Analysis – November 10, 2018

by ForexCycle.com | November 10, 2018 4:46 am
GBPUSD moved sideways in a trading range between 1.2661 and 1.3298. The price action in the range is likely consolidation for the downtrend from 1.4376, another fall could be expected after the consolidation. Support is at 1.2661,...

GBPUSD Daily Analysis – November 9, 2018

by ForexCycle.com | November 9, 2018 4:46 am
GBPUSD broke below the bottom of the price channel on its 4-hour chart, suggesting that the uptrend from 1.2695 had completed at 1.3174 already. Resistance is at 1.3100, only a break of this level could trigger another...

GBPUSD Daily Analysis – November 8, 2018

by ForexCycle.com | November 8, 2018 3:05 am
GBPUSD extended its upside movement from 1.2695 to as high as 1.3174. Support is at the bottom of the price channel on the 4-hour chart. As long as the channel support holds, the upside movement could be...

GBPUSD Daily Analysis – November 7, 2018

by ForexCycle.com | November 7, 2018 2:36 am
GBPUSD’s upside movement from 1.2695 extended to as high as 1.3142. Near term support is at 1.3000, as long as this level holds, the upside movement could be expected to continue and next target would be at...

GBPUSD Daily Analysis – November 6, 2018

by ForexCycle.com | November 6, 2018 12:33 am
GBPUSD extended its upside movement from 1.2695 to as high as 1.3067. Near term support is at 1.2950, as long as this level holds, the upside movement could be expected to continue and next target would be...

GBPUSD Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:04 am
GBPUSD remains in the uptrend from 1.2695, the pullback from 1.3040 is likely consolidation for the uptrend. Near term support is at 1.2880, as long as this level holds, the upside movement could be expected to continue...

GBPUSD Weekly Analysis – November 3, 2018

by ForexCycle.com | November 3, 2018 4:01 am
Being contained by 1.2661 support, GBPUSD rebounded from 1.2695. Further rise would likely be seen and next target would be at 1.3298 resistance. Near term support is at 1.2850, only a breakdown below this level could trigger...