GBPForex Prediction December 5
GBP forex Technical Outlook
Market should hold major support at 1.4379 before rising towards 1.4840 or even 1.4999 limit.
- weekly : trend down
R3 : 1.5000
R2 : 1.4868
R1 : 1.4787
Pivot : 1.4654
S1 : 1.4522
S2 : 1.4440
S3 : 1.4308
Today prediction range Gbp/Usd : 1.4450-1.4750
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Other Technical Outlooks |
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EUR-USD |
Corrective dips should ideally halt near 1.2725 or 1.2663 for one more thrust upwards towards 1.2813 - 1.29 area or 1.3024 in extention. Fall below 1.2601 puts it back on a downward path |
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USD-CHF |
There is bearish potential for a fall to 1.1856 while 1.2023 - 1.2072 resist. After this fall a recovery up to 1.2072 or 1.2120 is expected |
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USD-JPY |
Overall structure is bearish. Decelerating momentum could attract it towards supports at 91.96 or 91.71. Major support is clustered around 91.16 limit. |
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EUR-JPY |
It should trade higher to 119.32 or above 120.77 in extention. Supports at 117.1 and 117.83. Stop loss below 116.38 zone |
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AUD-USD |
While above 0.6419 - 0.638 zone a corrective dip could test 0.6458 or 0.6490 or 0.6522. After which it should resume his downtrend. |
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USD-CAD |
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2915 or 1.2981 if support around 1.2692 hold. After which a pullback to 1.2692 - 1.2637 zone is possible |
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EUR-CHF |
Market should meet resistance at 1.5299. We expect then an extended move down to 1.5238 -1.5199 area |
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EUR-GBP |
A correction down to 0.8621 folowed buy a mouve up to 0.8716 or 0.8757. A break above 0.8810 would accelerate this bullish move |
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S3 |
S2 |
S1 |
P |
R1 |
R2 |
R3 |
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EUR-USD |
1.2426 | 1.2540 | 1.2611 | 1.2725 | 1.2839 | 1.2909 | 1.3023 |
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USD-CHF |
1.1758 |
1.1859 |
1.1921 |
1.2022 |
1.2122 |
1.2185 |
1.2286 |
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USD-JPY |
91.19 |
91.72 |
92.05 |
92.58 |
93.11 |
93.44 |
93.97 |
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AUD-USD |
0.6315 |
0.6369 |
0.6403 |
0.6547 |
0.6511 |
0.6545 |
0.6599 |
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USD-CAD |
1.2400 |
1.2512 |
1.2580 |
1.2692 |
1.2803 |
1.2871 |
1.2983 |
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NZD-USD |
0.5223 |
0.5265 |
0.5291 |
0.5333 |
0.5375 |
0.5401 |
0.5443 |
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GBP-JPY |
131.74 |
133.34 |
134.32 |
135.92 |
137.52 |
138.50 |
140.10 |
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EUR-GBP |
0.8538 |
0.8589 |
0.8621 |
0.8674 |
0.8724 |
0.8756 |
0.8807 |
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EUR-JPY |
114.88 |
116.00 |
116.70 |
117.82 |
118.94 |
119.63 |
120.75 |
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EUR-CHF |
1.5119 |
1.5187 |
1.5529 |
1.5297 |
1.5365 |
1.5407 |
1.5475 |
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Tags: December, gbpforex, Prediction



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