GBPUSD Daily Analysis – September 26, 2018

by ForexCycle.com | September 26, 2018 4:12 am
GBPUSD remains in the downtrend from 1.3298, the bounce from 1.3054 is likely corrective consolidation for the downtrend. Near term resistance is at 1.3200, as long as this level holds, another fall could be expected after the...

GBPUSD Daily Analysis – September 25, 2018

by ForexCycle.com | September 25, 2018 12:56 am
GBPUSD is now in downtrend from 1.3298, the bounce from 1.3054 is likely correction for the downtrend. Another fall could be expected and a breakdown below 1.3054 support could trigger further downside movement towards 1.2750 area. Resistance...

GBPUSD Daily Analysis – September 24, 2018

by ForexCycle.com | September 24, 2018 2:02 am
GBPUSD broke below the bottom of the price channel on the 4-hour chart, suggesting that the upside movement from 1.2785 had completed at 1.3298 already. Further decline would likely be seen after a minor consolidation and next...

GBPUSD Weekly Analysis – September 23, 2018

by ForexCycle.com | September 23, 2018 12:09 am
GBPUSD broke above 1.3213 resistance, suggesting that the downside movement from 1.4376 had completed at 1.2661 already. Further rally would likely be seen in a couple of weeks and next target would be at 1.3500 area. Near...

GBPUSD Daily Analysis – September 21, 2018

by ForexCycle.com | September 21, 2018 2:00 am
GBPUSD extended its upside movement from 1.2785 to as high as 1.3298. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and further...

GBPUSD Daily Analysis – September 20, 2018

by ForexCycle.com | September 20, 2018 3:40 am
GBPUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2785. As long as the price is in the channel, the upside movement could be expected to continue and next...

GBPUSD Daily Analysis – September 19, 2018

by ForexCycle.com | September 19, 2018 1:58 am
GBPUSD’s upside movement from 1.2785 extended to as high as 1.3175. Near term support is at the bottom of the rising price channel on the 4-hour chart. As long as the channel support holds, the upside movement...

GBPUSD Daily Analysis – September 18, 2018

by ForexCycle.com | September 18, 2018 4:19 am
GBPUSD extended its upside movement from 1.2785 to as high as 1.3164. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be expected to continue and next...

GBPUSD Daily Analysis – September 17, 2018

by ForexCycle.com | September 17, 2018 1:49 am
GBPUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2785. As long as the price is in the channel, the upside movement could be expected to continue and next...

GBPUSD Weekly Analysis – September 15, 2018

by ForexCycle.com | September 15, 2018 7:18 am
GBPUSD is facing 1.3213 resistance. A breakout of this level would indicate that the downside movement from 1.4376 had completed at 1.2661 already, then next target would be at 1.3500 area. Near term support is at 1.2950,...