GBPForex Prediction Nov 28

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GBPForex Prediction Nov 28

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Information about GBPForex Prediction Nov 28 from GBPForex

GBP forex Technical Outlook

While above 1.5359 – 1.5308 zone a corrective upmove could test 1.5460 or 1.5509. After which it should resume its downtrend.

- weekly : trend down

R3 : 1.5609

R2 : 1.5533

R1 : 1.5486

Pivot : 1.5409

S1 : 1.5333

S2 : 1.5286

S3 : 1.5210

Today prediction range Gbp/Usd : 1.5180-1.5650

Other Technical Outlooks

EUR-USD	It is likely to attempt to below 1.2802 while below 1.2904 – 1.2911 area. Rise above 1.2962 would dampen this bearish expectation.

USD-CHF	Strength can extend to 1.2021 or even higher than 1.2043 as declines are expected to find support at 1.1979 or 1.1959. A fall below 1.1914 could turn it bearish.

USD-JPY	It should register gains to 95.47. Corrective decline should be supported in 95.11 – 94.91 area. Stop Loss below 94.59 zone

EUR-JPY	Current fall is near an end of wave around 122 – 122.67 zone, a rally should then procede to above 123.30 or 123.58. Fall below 121.80 would cancel this scenario.

AUD-USD	Currently uptrend should end around 0.66 – 0.6622 area. A correction down to below 0.6495 is expected. A rise above 0.6678 will abort the expected correction

USD-CAD	A corrective/consolidation activity between 1.2244 and 1.2445 is likely for a while

EUR-CHF	stand aside

EUR-GBP	Current fall is near an end of wave around 0.8323 – 0.8366 zone, a rally should then procede to above 0.8396 or 0.8412. Fall below 0.8311 would cancel this scenario.

	S3	S2	S1	P	R1	R2	R3
EUR-USD	1.2802	1.2844	1.2869	1.2910	1.2952	1.2977	1.3018
USD-CHF	1.1915	1.1946	1.1966	1.1998	1.2029	1.2049	1.2081
USD-JPY	94.57	94.44	95.01	95.29	95.56	95.73	96.00
AUD-USD	0.6423	0.6472	0.6501	0.6550	0.6598	0.6628	0.6676
USD-CAD	1.2171	1.2223	1.2255	1.2308	1.2360	1.2392	1.2445
NZD-USD	0.5426	0.5457	0.5475	0.5506	0.5537	0.5556	0.5587
GBP-JPY	144.55	145.39	145.91	146.74	147.58	148.10	148.93
EUR-GBP	0.8310	0.8336	0.8353	0.8379	0.8405	0.8421	0.8447
EUR-JPY	121.76	122.23	122.52	123.00	123.47	123.76	124.24
EUR-CHF	1.5398	1.5431	1.5451	1.5484	1.5516	1.5537	1.5569

Tags: gbpforex, Nov, Prediction
Posted in: gbp/usd prediction

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