GBPForex Prediction Nov 19

GBP forex Technical Outlook

There are initial signs of a good corrective recovery towards 1.5025 or even 1.5067. Supports at 1.4930 and 1.4876 zone.

- weekly : trend down

R3 : 1.5172

R2 : 1.5100

R1 : 1.5055

Pivot : 1.4982

S1 : 1.4909

S2 : 1.4862

S3 : 1.4791

Today prediction range Gbp/Usd : 1.4880-1.5150

Other Technical Outlooks

EUR-USD

It is likely to fall towards 1.2495 unless a corrective rally breaks the 1.2659 resistance. Stop above 1.2690 zone.

USD-CHF

A correction down to 1.1984 folowed buy a mouve up to 1.204 or 1.2063. A break above 1.2095 would accelerate this bullish move.

USD-JPY

Corrective dips should ideally halt near 96.82 or 96.52 for one more thrust upwards towards 97.22 - 97.61 area or 98.21 in extention. Fall below 96.22 puts it back on a downward path

EUR-JPY

It should be subject to more sell off towards 121.1 or 119.76. Corrective upward swings should face resistance around 122.69 area. A break of 124.30 is bullish.

AUD-USD

Corrective dips should ideally halt near 0.6505 or 0.6469 for one more thrust upwards towards 0.6552 - 0.6598 area or 0.6671 in extention. Fall below 0.6432 puts it back on a downward path

USD-CAD

A corrective/consolidation activity between 1.2199 and 1.2363 is likely for a while

EUR-CHF

It should trade lower to 1.5045. Resistances are at 1.5158 and 1.5192. A break of 1.5226 is bullish.confirmed by a close above 1.5255 limit.

EUR-GBP

It should test higher than 0.8476. Entry point are at 0.8397 and 0.8376. A break of 0.8318 is bearish.

S3

S2

S1

P

R1

R2

R3

EUR-USD

1.2494 1.2545 1.2577 1.2628 1.2679 1.2710 1.2762

USD-CHF

1.1935

1.1965

1.1984

1.2014

1.2044

1.2063

1.2093

USD-JPY

95.41

95.94

96.27

96.80

97.33

97.66

98.19

AUD-USD

0.6335

0.6399

0.6439

0.6503

0.6567

0.6606

0.6670

USD-CAD

1.2086

1.2165

1.2213

1.2292

1.2370

1.2418

1.2497

NZD-USD

0.5419

0.5455

0.5476

0.5512

0.5547

0.5569

0.5604

GBP-JPY

142.12

143.24

143.94

145.05

146.17

146.87

147.98

EUR-GBP

0.8316

0.8355

0.8378

0.8416

0.8455

0.8478

0.8517

EUR-JPY

119.74

120.73

121.34

122.32

123.31

123.92

124.91

EUR-CHF

1.5044

1.5087

1.5114

1.5156

1.5199

1.5225

1.5268


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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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