GBPForex Prediction December 3

GBP forex Technical Outlook

It may meet resistance in 1.4917 – 1.4921 zone for a drift down to below 1.4628 zone

- weekly : trend down

R3 : 1.5214

R2 : 1.5102

R1 : 1.5033

Pivot : 1.4921

S1 : 1.4809

S2 : 1.4740

S3 : 1.4628

Today prediction range Gbp/Usd : 1.4680-1.5040

Other Technical Outlooks


EUR-USD

It should trade higher to 1.2799 while 1.2681 or 1.2638 offers support. Stop loss below 1.2595 zone


USD-CHF

It should test 1.2098 area after which a sell off down to 1.2007 or extended to 1.195 area is expected


USD-JPY

It may meet resistance in 93.18 – 93.21 zone for a drift down to below 92.03 zone


EUR-JPY

It should test 119.38 area after which a sell off down to 116.86 or extended to 115.26 area is expected


AUD-USD

It should test 0.6452 area after which a sell off down to 0.6343 or extended to 0.6258 area is expected


USD-CAD

It is a triangle configuration. Market should break either side. Acceleration should occur above 1.2583 or under 1.2382 limits


EUR-CHF

It may attempt a test higher to 1.5349 after which weakness may set it to a drift down to below 1.5213 limit.


EUR-GBP

One move lower to 0.8457 or 0.8392 is anticipated while below 0.8537 – 0.8569 area. Stop loss above 0.8616 zone

S3

S2

S1

P

R1

R2

R3

EUR-USD

1.2477 1.2555 1.2603 1.2680 1.2758 1.2806 1.2884

USD-CHF

1.1949

1.1988

1.2012

1.2051

1.2090

1.2114

1.2153

USD-JPY

92.01

92.46

92.74

93.20

93.65

93.93

94.39

AUD-USD

0.6258

0.6319

0.6357

0.6419

0.6480

0.6518

0.6580

USD-CAD

1.2275

1.2352

1.2399

1.2476

1.2553

1.2601

1.2677

NZD-USD

0.5200

0.5241

0.5266

0.5307

0.5347

0.5373

0.5413

GBP-JPY

135.19

136.64

137.54

138.99

140.44

141.34

142.79

EUR-GBP

0.8391

0.8434

0.8460

0.8503

0.8545

0.8572

0.8614

EUR-JPY

115.26

116.36

117.04

118.15

119.25

119.93

121.04

EUR-CHF

1.5088

1.5164

1.5210

1.5286

1.5361

1.5408

1.5483


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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.

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