GBPForex Prediction February 10, 2009

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GBPForex Prediction February 10, 2009

7 Comments

Information about GBPForex Prediction February 10, 2009 from GBPForex

GBP forex Technical Outlook

While below 1.5021 it is more likely to fall further towards 1.48 or 1.4738. Premature rise above 1.5021 could see it rising above 1.5145 zone

- weekly : trend up

R3 : 1.5145

R2 : 1.5036

R1 : 1.4969

Pivot : 1.4861

S1 : 1.4753

S2 : 1.4686

S3 : 1.4578

Today prediction range Gbp/Usd : 1.4760-1.5029

Other Technical Outlooks

EUR-USD	While below 1.3106 it is more likely to fall further towards 1.2939 or 1.2887. Premature rise above 1.3106 could see it rising above 1.3209 zone

USD-CHF	It should test 1.1745 area after which a sell off down to 1.1536 or extended to 1.1431 area is expected

USD-JPY	Current move should be supported in 91.18 zone for a rise to above 93.11. A break below 90.07 opens the way down

EUR-JPY	Uptrend is still intact in a triangle configuration. It should continue to rally to 119.68 or 121.63 if support around 118.68 hold. After which a pullback to 118.68 – 118.01 zone is possible

AUD-USD	Current upmove should be ended around 0.688 – 0.6975. Any correction consolidation should find support in 0.6754 – 0.6707 zone

USD-CAD	It should register further gains to 1.2271 while 1.2104 caps downside attempts. Stop loss below 1.2034 zone

EUR-CHF	Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5178 or 1.5257 if support around 1.5093 hold. After which a pullback to 1.5093 – 1.5063 zone is possible

EUR-GBP	One more dip to 0.8678 or 0.863 is likely followed by a grind higher to above 0.8753 or 0.8828. After which it can resume its downtrend

	S3	S2	S1	P	R1	R2	R3
EUR-USD	1.2771	1.2855	1.2906	1.2990	1.3073	1.3125	1.3208
USD-CHF	1.1431	1.1498	1.1539	1.1607	1.1674	1.1715	1.1783
USD-JPY	90.05	90.63	91.00	91.58	92.16	92.52	93.11
AUD-USD	0.6533	0.6617	0.6670	0.6754	0.6839	0.6891	0.6975
USD-CAD	1.2032	1.2096	1.2135	1.2199	1.2264	1.2303	1.2367
NZD-USD	0.5154	0.5231	0.5279	0.5357	0.5434	0.5482	0.5560
GBP-JPY	132.00	133.42	134.29	135.71	137.13	138.01	139.43
EUR-GBP	0.8629	0.8667	0.8690	0.8728	0.8765	0.8789	0.8826
EUR-JPY	115.72	116.84	117.54	118.67	119.79	120.49	121.61
EUR-CHF	1.4928	1.4980	1.5029	1.5091	1.5154	1.5192	1.5255

Tags: 2009, February, gbpforex, Prediction
Posted in: gbp/usd prediction

Mccaul said:

I Love the way you write…thanks for posting

# 29 June 2009 at 8:53 am

Blaisdell said:

thanks for the post…very well written.

# 29 June 2009 at 9:14 pm

Ackerson said:

good work, hope you make more related posts! will keep an eye on this blog

# 30 June 2009 at 2:47 pm

GbpForex (author) said:

thank you

# 1 July 2009 at 8:05 am

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# 21 July 2009 at 7:34 am