GBPForex Prediction July 30

GBP forex Technical Outlook

Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.9763 or 1.9710. Major support is clustered around 1.9635 limit.

- weekly : trend up

R3 : 2.0044

R2 : 1.9965

R1 : 1.9917

Pivot : 1.9839

S1 : 1.9760

S2 : 1.9712

S3 : 1.9634

Today prediction range Gbp/Usd : 1.9726-1.9865

Other Technical Outlooks

EUR-USD

Market should meet resistance at 1.5633. We expect then an extended move down to 1.5548 -1.5453 area.

USD-CHF

Current rise seems to be over near 1.0474 or 1.0525 for a retracement towards 1.0422 - 1.0394 area.

USD-JPY

Market looks set for gains towards 108.49 or above in extension. Dips should find support at 107.90 - 107.70 zone.

EUR-JPY

Market should meet resistance at 168.77. We expect then an extended move down to 168.26 -167.78 area.

AUD-USD

It should see a sell off to below 0.9489 while 0.9538 area curtails its upside. A break beyond 0.9576 will abort the downside.

USD-CAD

Resistances lie around 1.0255 and 1.0306. It should test lower towards 1.0204 zone. A clear break of 1.0233 would be bearish.

EUR-CHF

Market looks set for gains towards 1.6343 or above in extension. Dips should find support at 1.6298 - 1.6286 zone.

EUR-GBP

There is bearish potential for a fall to 0.7857 while 0.7885 - 0.7895 resist. After this fall a recovery up to 0.7895 or 0.7905 is expected.

S3

S2

S1

P

R1

R2

R3

EUR-USD

1.5428 1.5506 1.5554 1.5632 1.5710 1.5758 1.5836

USD-CHF

1.0260

1.0321

1.0359

1.0421

1.0482

1.0520

1.0582

USD-JPY

106.89

107.27

107.51

107.89

108.27

108.51

108.89

AUD-USD

0.9450

0.9483

0.9504

0.9537

0.9570

0.9591

0.9624

USD-CAD

1.0170

1.0196

1.0212

1.0238

1.0264

1.0280

1.0306

NZD-USD

0.7285

0.7331

0.7359

0.7404

0.7450

0.7478

0.7523

GBP-JPY

213.04

213.45

213.71

214.13

214.54

214.80

215.22

EUR-GBP

0.7836

0.7855

0.7866

0.7884

0.7903

0.7914

0.7932

EUR-JPY

167.60

168.04

168.32

168.76

169.20

169.48

169.92

EUR-CHF

1.6226

1.6253

1.6270

1.6297

1.6324

1.6341

1.6368

AUD-JPY

102.46

102.64

102.76

102.94

103.12

103.24

103.43


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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. Here you can find private tutors for java

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