GBPForex Prediction Nov 21

GBP forex Technical Outlook

It might hold above 1.472 or 1.4627 for a rise towards above 1.4911. Stop loss below 1.4627 zone

- weekly : trend down

R3 : 1.5093

R2 : 1.4985

R1 : 1.4918

Pivot : 1.4810

S1 : 1.4703

S2 : 1.4636

S3 : 1.4528

Today prediction range Gbp/Usd : 1.4650-1.5050

Other Technical Outlooks

EUR-USD

It might hold above 1.2444 or 1.2393 for a rise towards above 1.2553. Stop loss below 1.2393 zone

USD-CHF

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3249 or 1.3283 if support around 1.2822 hold. After which a pullback to 1.2822 - 1.2744 zone is possible

USD-JPY

Market should not go lower than 92.53. After this move down it should go up to 93.64 - 94.5 area.

EUR-JPY

Overall structure is bearish. Decelerating momentum could attract it towards supports at 115.15 or 115. Major support is clustered around 112.46 limit

AUD-USD

Market should not go lower than 0.5933. After this move down it should go up to 0.6091 - 0.6199 area

USD-CAD

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3249 or 1.3283 if support around 1.2822 hold. After which a pullback to 1.2822 - 1.2744 zone is possible. 

EUR-CHF

While below 1.5369 it is more likely to fall further towards 1.519 or 1.5132 level

EUR-GBP

A corrective/consolidation activity between 0.8358 and 0.8528 is likely for a while.

S3

S2

S1

P

R1

R2

R3

EUR-USD

1.2333 1.2394 1.2432 1.2493 1.2554 1.2592 1.2652

USD-CHF

1.2029

1.2098

1.2141

1.2209

1.2278

1.2320

1.2389

USD-JPY

91.81

92.83

93.47

94.49

95.51

96.15

97.17

AUD-USD

0.5859

0.5989

0.6070

0.6200

0.6330

0.6411

0.6541

USD-CAD

1.2359

1.2536

1.2645

1.2822

1.2998

1.3108

1.3284

NZD-USD

0.5035

0.5129

0.5187

0.5280

0.5374

0.5432

0.5526

GBP-JPY

133.61

135.99

137.45

139.83

142.21

143.68

146.05

EUR-GBP

0.8267

0.8327

0.8366

0.8430

0.8494

0.8534

0.8598

EUR-JPY

113.34

115.15

116.27

118.08

119.89

121.01

122.83

EUR-CHF

1.5010

1.5101

1.5157

1.5248

1.5338

1.5394

1.5485


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6 Responses to “GBPForex Prediction Nov 21”

  1. Fortson Says:

    I Love the way you write…thanks for posting

  2. Hedges Says:

    I Love the way you write…thanks for posting

  3. Licon Says:

    thanks for the post…very well written.

  4. Fadness Says:

    thanks for the post…very well written.

  5. Gedeon Says:

    thanks for the post…very well written.

  6. GbpForex Says:

    thank you

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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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