GBPForex Prediction August 6

GBP forex Technical Outlook

It may meet resistance in 1.9548 - 1.9565 zone for a drift down to 1.9498 zone, after which bounce to 1.9587 is anticipated.

- weekly : trend up

R3 : 1.9666

R2 : 1.9627

R1 : 1.9603

Pivot : 1.9564

S1 : 1.9525

S2 : 1.9501

S3 : 1.9462

Today prediction range Gbp/Usd : 1.9410-1.9620

Other Technical Outlooks

EUR-USD

Market should meet resistance at 1.5492. We expect then an extended move down to 1.5429 -1.5340 area

USD-CHF

Currently uptrend should end around 1.0558 - 1.0576 area. A correction down to below 1.0498 is expected. A rise above 1.0606 will abort the expected correction.

USD-JPY

Market looks set for gains towards 108.61 or above in extension. Dips should find support at 108.14 - 108.01 zone.

EUR-JPY

Current fall seems to be over near 167.15 or 166.64 for a rebound towards 167.65 - 168.04 area.

AUD-USD

Market should not go lower than 0.9095. After this move down it should go up to 0.9147 - 0.9197 area.

USD-CAD

One move lower to 1.0379 or 1.0326 is anticipated while below 1.0443 - 1.0469 area. Stop loss above 1.0506 zone

EUR-CHF

It looks set to visit further lower territory down to around 1.6278. Its corrective attempts should fail ahead of 1.631 or 1.6319. Stop loss above 1.6327 zone.

EUR-GBP

There are initial signs of a good corrective recovery towards 0.7924 or even 0.7931. Supports at 0.7904 and 0.7890 zone

S3

S2

S1

P

R1

R2

R3

EUR-USD

1.5356 1.5408 1.5440 1.5492 1.5544 1.5576 1.5628

USD-CHF

1.0449

1.0479

1.0497

1.0527

1.0557

1.0575

1.0605

USD-JPY

107.42

107.69

107.86

108.14

108.41

108.58

108.86

AUD-USD

0.9031

0.9094

0.9133

0.9196

0.9259

0.9298

0.9361

USD-CAD

1.0324

1.0359

1.0381

1.0415

1.0450

1.0472

1.0506

NZD-USD

0.7184

0.7213

0.7231

0.7260

0.7289

0.7307

0.7336

GBP-JPY

209.72

210.43

210.86

211.57

212.28

212.71

213.42

EUR-GBP

0.7876

0.7892

0.7901

0.7917

0.7933

0.7942

0.7958

EUR-JPY

165.83

166.52

166.94

167.63

168.32

168.74

169.43

EUR-CHF

1.6261

1.6280

1.6291

1.6310

1.6329

1.6340

1.6359

AUD-JPY

97.62

98.34

98.79

99.52

100.24

100.69

101.43


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Disclaimer
The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any views expressed may change without notice. get a quote for conveyancing solicitors in seconds

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