GBPUSD Weekly Analysis – September 2, 2018

by ForexCycle.com | September 2, 2018 2:41 am
GBPUSD broke above the falling trend line on the daily chart, suggesting that lengthier consolidation for the downtrend from 1.4376 is needed. Sideways movement in a range between 1.2661 and 1.3213 would likely be seen in a...

GBPUSD Daily Analysis – August 31, 2018

by ForexCycle.com | August 31, 2018 2:59 am
GBPUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2661. As long as the trend line support holds, the upside movement could be expected to continue and next target...

GBPUSD Daily Analysis – August 30, 2018

by ForexCycle.com | August 30, 2018 2:59 am
GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3362 had completed at 1.2661 already. The pair is now in uptrend, further rise could be expected and next target...

GBPUSD Daily Analysis – August 28, 2018

by ForexCycle.com | August 28, 2018 2:13 am
GBPUSD is facing the resistance of the falling trend line on the 4-hour chart once again. A breakthrough the trend line resistance would indicate that the downside movement from 1.3362 had completed at 1.2661 already, then the...

GBPUSD Daily Analysis – August 27, 2018

by ForexCycle.com | August 27, 2018 1:55 am
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3362. A breakdown below 1.2798 support could trigger further downside movement towards 1.2661 previous low. Only a clear break above...

GBPUSD Weekly Analysis – August 26, 2018

by ForexCycle.com | August 26, 2018 5:56 am
GBPUSD stays below a falling trend line on the daily chart and remains in the downtrend from 1.4376. As long as the trend line resistance holds, the bounce from 1.2661 could be treated as consolidation for the...

GBPUSD Daily Analysis – August 24, 2018

by ForexCycle.com | August 24, 2018 4:03 am
GBPUSD failed to break above the falling trend line on the 4-hour chart and pulled back from 1.2936, facing the support level at 1.2800. A breakdown below this level could trigger further downside movement towards 1.2700. Near...

GBPUSD Daily Analysis – August 23, 2018

by ForexCycle.com | August 23, 2018 2:25 am
GBPUSD extended its upside movement from 1.2661 to as high as 1.2936. Further rise towards the falling trend line on the 4-hour chart is possible in the coming days. Near term support is at 1.2800, only a...

GBPUSD Daily Analysis – August 22, 2018

by ForexCycle.com | August 22, 2018 4:40 am
GBPUSD broke above 1.2827 resistance and extended its upside movement from 1.2661 to as high as 1.2924. Further rise is still possible and next target would be at the falling trend line on the 4-hour chart. Near...

GBPUSD Daily Analysis – August 21, 2018

by ForexCycle.com | August 21, 2018 1:58 am
GBPUSD is facing 1.2827 resistance, a break of this level would indicate that the downside movement from 1.3213 had completed at 1.26661 already, then the pair would find resistance at the falling trend line on the 4-hour...