GBPForex Prediction Oct 27
GBP forex Technical Outlook
It should test 1.6123 area after which a sell off down to 1.5338 or extended to 1.4770 area is expected.
- weekly : trend down
R3 : 1.6897
R2 : 1.6491
R1 : 1.6240
Pivot : 1.5834
S1 : 1.5429
S2 : 1.5178
S3 : 1.4772
Today prediction range Gbp/Usd : 1.5140-1.6000
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Other Technical Outlooks |
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EUR-USD |
Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.2506 or 1.2387. Major support is clustered around 1.2263 limit. |
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USD-CHF |
Market looks set for gains towards 1.1804 or above in extension. Dips should find support at 1.1643 – 1.1590 zone. |
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USD-JPY |
It should test 94.93 area after which a sell off down to 91.02 or extended to 87.39 area is expected. |
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EUR-JPY |
It is likely to fall towards 106.54 unless a corrective rally breaks the 123.23 resistance. Stop above 126.39 zone. |
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AUD-USD |
Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.5925 or 0.5920. Major support is clustered around 0.5788 limit. |
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USD-CAD |
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2844 or 1.3078 if support around 1.2668 hold. After which a pullback to 1.2668 – 1.2582 zone is possible. |
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EUR-CHF |
It is likely to attempt nearer support at 1.4411 for extending further to below 1.4094 while below 1.4727 – 1.4888 area. Rise above 1.5046 would dampen this bearish expectation. |
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EUR-GBP |
There are initial signs of a good corrective recovery towards 0.8056 or even 0.8103. Supports at 0.7915 and 0.7821 zone |
| S3 | S2 | S1 | P | R1 | R2 | R3 | |
| EUR-USD | 1.2197 | 1.2392 | 1.2512 | 1.2707 | 1.2902 | 1.3023 | 1.3214 |
| USD-CHF | 1.1367 | 1.1468 | 1.1531 | 1.1632 | 1.1734 | 1.1796 | 1.1897 |
| USD-JPY | 87.27 | 89.99 | 91.68 | 94.40 | 97.13 | 98.81 | 101.54 |
| AUD-USD | 0.5646 | 0.5912 | 0.6076 | 0.6342 | 0.6607 | 0.6771 | 0.7037 |
| USD-CAD | 1.2272 | 1.2429 | 1.2526 | 1.2683 | 1.2839 | 1.2936 | 1.3093 |
| NZD-USD | 0.5184 | 0.5374 | 0.5491 | 0.5681 | 0.5871 | 0.5988 | 0.6178 |
| GBP-JPY | 128.71 | 136.70 | 141.64 | 149.64 | 157.64 | 162.58 | 170.57 |
| EUR-GBP | 0.7717 | 0.7829 | 0.8798 | 0.8009 | 0.8121 | 0.8190 | 0.8302 |
| EUR-JPY | 106.48 | 111.62 |
114.85 |
120.03 | 125.20 | 128.40 | 133.58 |
| EUR-CHF | 1.4089 | 1.4333 | 1.4484 | 1.4728 | 1.4972 | 1.5123 | 1.5367 |
Posted in: gbp/usd prediction
