GBPForex Prediction Oct 13
GBP forex Technical Outlook
Market should hold major support at 1.6720 before rising towards 1.7223 or even 1.7393 limit.
- weekly : trend down
R3 : 1.7354
R2 : 1.7274
R1 : 1.7153
Pivot : 1.7001
S1 : 1.6849
S2 : 1.6756
S3 : 1.6606
Today prediction range Gbp/Usd : 1.6770-1.7400
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Other Technical Outlooks |
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EUR-USD |
It is likely to attempt to below 1.3049 while below 1.3413 – 1.3441 area. Rise above 1.3623 would dampen this bearish expectation. |
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USD-CHF |
It looks set for gains to above 1.1459. Supports at 1.1236 and 1.1294. A break of 1.1177 will damage this bullish structure. |
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USD-JPY |
It should be subject to more sell off towards 98.56 or 96.82. Corrective upward swings should face resistance around 102.26 area. A break of 101.905 is bullish. |
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EUR-JPY |
It should trade higher to above 136.52 while 134.37 offer support. Minor support at 133.37. Stop Loss below 130.23 zone. |
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AUD-USD |
Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.638 or 0.624. Major support is clustered around 0.6201 limit. |
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USD-CAD |
While below 1.2128 it is more likely to fall further towards 1.1628 or 1.1462. Premature rise above 1.2128 could see it rising above 1.246 zone. |
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EUR-CHF |
Current fall is near an end of wave around 1.5018 – 1.5197 zone, a rally should then procede to above 1.5292 or 1.5363. Fall below 1.4927 would cancel this scenario |
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EUR-GBP |
While below 0.7930 or 0.7968 it could fall towards below 0.7791 or 0.7715. After which a corrective/consolidation activity is expected. |
| S3 | S2 | S1 | P | R1 | R2 | R3 | |
| EUR-USD | 1.3047 | 1.3197 | 1.3290 | 1.3440 | 1.3590 | 1.3682 | 1.3832 |
| USD-CHF | 1.1026 | 1.1133 | 1.1200 | 1.1307 | 1.1415 | 1.1481 | 1.1589 |
| USD-JPY | 96.96 | 98.02 | 98.68 | 99.75 | 100.81 | 101.47 | 102.54 |
| AUD-USD | 0.5994 | 0.6205 | 0.6336 | 0.6548 | 0.6759 | 0.6890 | 0.7102 |
| USD-CAD | 1.1100 | 1.1356 | 1.1514 | 1.1770 | 1.2025 | 1.2183 | 1.2439 |
| NZD-USD | 0.5777 | 0.5850 | 0.5896 | 0.5969 | 0.6042 | 0.6087 | 0.6160 |
| GBP-JPY | 163.67 | 166.04 | 167.51 | 169.88 | 172.25 | 173.72 | 176.09 |
| EUR-GBP | 0.7714 | 0.7796 | 0.7846 | 0.7928 | 0.8010 | 0.8061 | 0.8143 |
| EUR-JPY | 130.37 | 131.94 |
132.91 |
134.49 | 136.06 | 137.03 | 138.61 |
| EUR-CHF | 1.4941 | 1.5053 | 1.5122 | 1.5233 | 1.5345 | 1.5413 | 1.5525 |
Posted in: gbp/usd prediction
