GBPForex Prediction Oct 2

GBP forex Technical Outlook

It may meet resistance in 1.7698 – 1.7736 zone for a drift down to 1.7585 zone, after which bounce to 1.7786 is anticipated

- weekly : trend down

R3 : 1.7974

R2 : 1.7882

R1 : 1.7826

Pivot : 1.7734

S1 : 1.7642

S2 : 1.7586

S3 : 1.7494

Today prediction range Gbp/Usd : 1.7500-1.7780

Other Technical Outlooks
EUR-USD	It may meet resistance in 1.4009 – 1.4053 zone for a drift down to 1.3878 zone, after which bounce to 1.4092 is anticipated.
USD-CHF	One move lower to 1.1169 or 1.1084 is anticipated while below 1.1274 – 1.1316 area. Stop loss above 1.1378 zone.
USD-JPY	There are initial signs of a good corrective recovery towards 106.13 or even 106.39. Supports at 105.53 and 105.20 zone
EUR-JPY	It might hold above 147.81 or 146.89 for a rise towards above 149.96. Stop loss below 146.89 zone.
AUD-USD	It might hold above 0.7872 or 0.7822 for a rise towards above 0.7973. Stop loss below 0.78220 zone
USD-CAD	Current upmove should continue up to 1.0676 or 1.0724. Any correction should find support in 1.0611 – 1.0587 zone.A break above1.0683 could accelerate the move up
EUR-CHF	stand aside
EUR-GBP	It is likely to attempt nearer support at 0.7887 for extending further to below 0.7859 while below 0.7915 – 0.7934 area. Rise above 0.7948 would dampen this bearish expectation.

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