GBPForex Prediction Oct 16
GBP forex Technical Outlook
While below 1.7379 or 1.7436 it could fall towards below 1.7156 or 1.7043. After which a corrective/consolidation activity is expected
- weekly : trend down
R3 : 1.7714
R2 : 1.7586
R1 : 1.7506
Pivot : 1.7378
S1 : 1.7250
S2 : 1.7171
S3 : 1.7043
Today prediction range Gbp/Usd : 1.7140-1.7600
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Other Technical Outlooks |
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EUR-USD |
There is bearish potential for a fall to 1.3426 while 1.3557 – 1.3593 resist. After this fall a recovery up to 1.3593 or 1.3629 is expected. |
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USD-CHF |
Current fall seems to be over near 1.1309 or 1.1277 for a rebound towards 1.1341 – 1.1363 area |
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USD-JPY |
Market should meet resistance at 100.69. We expect then an extended move down to 99.38 -97.73 area |
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EUR-JPY |
Market should meet resistance at 136.35. We expect then an extended move down to 134.06 -130.63 area |
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AUD-USD |
Market should meet resistance at 0.6759. We expect then an extended move down to 0.6560 -0.6192 area |
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USD-CAD |
A corrective/consolidation activity between 1.1663 and 1.2291 is likely for a while. |
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EUR-CHF |
Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.5246 or 1.5198. Major support is clustered around 1.5065 limit. |
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EUR-GBP |
Market should hold major support at 0.7734 before rising towards 0.7854 or even 0.7891 limit. |
| S3 | S2 | S1 | P | R1 | R2 | R3 | |
| EUR-USD | 1.3354 | 1.3431 | 1.3478 | 1.3566 | 1.3633 | 1.3681 | 1.3758 |
| USD-CHF | 1.1232 | 1.1273 | 1.1299 | 1.1340 | 1.1381 | 1.1406 | 1.1448 |
| USD-JPY | 98.30 | 99.21 | 99.77 | 100.68 | 101.59 | 102.15 | 103.06 |
| AUD-USD | 0.6266 | 0.6454 | 0.6570 | 0.6758 | 0.6945 | 0.7061 | 0.7249 |
| USD-CAD | 1.1409 | 1.1554 | 1.1643 | 1.1788 | 1.1932 | 1.2022 | 1.2166 |
| NZD-USD | 0.5760 | 0.5881 | 0.5955 | 0.6075 | 0.6195 | 0.6270 | 0.6390 |
| GBP-JPY | 168.43 | 170.79 | 172.24 | 174.60 | 176.95 | 178.40 | 180.76 |
| EUR-GBP | 0.7699 | 0.7735 | 0.7758 | 0.7794 | 0.7830 | 0.7853 | 0.7889 |
| EUR-JPY | 131.76 | 133.51 |
134.59 |
136.34 | 138.09 | 139.17 | 140.91 |
| EUR-CHF | 1.5117 | 1.5206 | 1.5262 | 1.5352 | 1.5441 | 1.5497 | 1.5587 |
Posted in: gbp/usd prediction
