GBPUSD Daily Analysis – August 20, 2018

by ForexCycle.com | August 20, 2018 3:56 am
GBPUSD moved sideways in a trading range between 1.2661 and 1.2827. As long as 1.2827 resistance holds, the sideways movement could be treated as consolidation of the downtrend and a breakdown below 1.2661 could trigger another fall...

GBPUSD Weekly Analysis – August 19, 2018

by ForexCycle.com | August 19, 2018 2:26 am
GBPUSD’s downside movement from 1.4376 extended to as low as 1.2661. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next target...

GBPUSD Daily Analysis – August 17, 2018

by ForexCycle.com | August 17, 2018 3:25 am
GBPUSD remains in the downtrend from 1.3213, the bounce from 1.2661 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 1.2600. Key resistance is at 1.2827,...

GBPUSD Elliott Wave View: Calling For More Downside

by elliottwave-forecast.com | August 16, 2018 2:21 pm
GBPUSD short-term Elliott wave view suggests that the rally to 1.3215 high ended Minor wave 2 bounce. Down from there, Minor wave 3 is taking place as impulse structure with lesser degree cycles are showing sub-division of 5 waves structure lower...

GBPUSD Daily Analysis – August 16, 2018

by ForexCycle.com | August 16, 2018 2:17 am
GBPUSD extended its downside movement from 1.3213 to as low as 1.2661. As long as 1.2827 resistance holds, the downside movement could be expected to continue and next target would be at 1.2600 area. On the upside,...

GBPUSD Daily Analysis – August 15, 2018

by ForexCycle.com | August 15, 2018 3:11 am
GBPUSD’s downside movement from 1.3213 extended to as low as 1.2703. Further decline is still possible and next target would be at 1.2600 area. Near term resistance is at 1.2827, only a break of this level could...

GBPUSD Daily Analysis – August 14, 2018

by ForexCycle.com | August 14, 2018 1:35 am
GBPUSD extended its downside movement from 1.3213 to as low as 1.2722. Further decline is still possible and next target would be at 1.2600 area. Near term resistance is at 1.2860, only a break of this level...

GBPUSD Daily Analysis – August 13, 2018

by ForexCycle.com | August 13, 2018 1:58 am
GBPUSD’s downside movement from 1.3213 extended to as low as 1.2722. Near term resistance is at 1.2860, as long as this level holds, the downside movement could be expected to continue and next target would be at...

GBPUSD Weekly Analysis – August 12, 2018

by ForexCycle.com | August 12, 2018 9:47 am
GBPUSD extended its downside movement from 1.4376 to as low as 1.2722. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next...

GBPUSD Daily Analysis – August 10, 2018

by ForexCycle.com | August 10, 2018 2:33 am
GBPUSD extended its downside movement from 1.3213 to as low as 1.2818. Further decline is still possible in a couple of days and next target would be at 1.2700 area. Near term resistance is at 1.2911, only...