GBPForex prediction February 13, 2009

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GBPForex prediction February 13, 2009

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Information about GBPForex prediction February 13, 2009 from GBPForex

GBP forex Technical Outlook

Current fall is near an end of wave around 1.4016 – 1.4249 zone, a rally should then procede to above 1.4341 or 1.4409. Fall below 1.3995 would cancel this scenario

- weekly : trend up

R3 : 1.4551

R2 : 1.4444

R1 : 1.4378

Pivot : 1.4271

S1 : 1.4164

S2 : 1.4098

S3 : 1.3991

Today prediction range Gbp/Usd : 1.4100-1.4440

Other Technical Outlooks

EUR-USD	It should test 1.2918 area after which a sell off down to 1.2740 or extended to 1.2619 area is expected

USD-CHF	There are initial signs of a good corrective recovery towards 1.1710 or even 1.1789. Supports at 1.1597 and 1.1557 zone

USD-JPY	It should trade higher to 91.43 while 90.62 or 90.38 offers support. Stop loss below 90.14 zone.

EUR-JPY	Market should hold major support at 115.37 before rising towards 117.78 or even 118.59 limit

AUD-USD	It should trade higher to 0.6616 or above 0.6708 in extention. Supports at 0.6478 and 0.6524. Stop loss below 0.6432 zone

USD-CAD	Preferred view is for a fall to below 1.2365 while 1.2438 – 1.2457 area resists. A clear break of 1.2529 would be bullish

EUR-CHF	It should trade higher to 1.4998 or above 1.5036 in extention. Supports at 1.4917 and 1.4936. Stop loss below 1.4898 zone

EUR-GBP	While below 0.9077 it is more likely to fall further towards 0.8981 or 0.8950 zone

	S3	S2	S1	P	R1	R2	R3
EUR-USD	1.2620	1.2705	1.2757	1.2842	1.2926	1.2978	1.3063
USD-CHF	1.1481	1.1539	1.1576	1.1635	1.1693	1.1730	1.1789
USD-JPY	89.32	89.81	90.12	90.61	91.11	91.41	91.99
AUD-USD	0.6337	0.6408	0.6452	0.6522	0.6593	0.6637	0.6707
USD-CAD	1.2290	1.2353	1.2392	1.2455	1.2519	1.2558	1.2621
NZD-USD	0.5034	0.5103	0.5146	0.5215	0.5284	0.5326	0.5395
GBP-JPY	125.91	127.09	127.81	128.99	130.16	130.89	132.06
EUR-GBP	0.8883	0.8931	0.8961	0.9010	0.9058	0.9088	0.9137
EUR-JPY	114.08	114.93	115.46	116.32	117.17	117.70	118.56
EUR-CHF	1.4833	1.4872	1.4895	1.4934	1.4972	1.4996	1.5034