GBPForex Prediction Oct 3

GBP forex Technical Outlook

Market should hold major support at 1.7488 before rising towards 1.7727 or even 1.7815 limit.

- weekly : trend down

R3 : 1.7814

R2 : 1.7746

R1 : 1.7705

Pivot : 1.7638

S1 : 1.7570

S2 : 1.7529

S3 : 1.7461

Today prediction range Gbp/Usd : 1.7500-1.7780

Other Technical Outlooks

EUR-USD

Current fall is near an end of wave around 1.3651 - 1.3678 zone, a rally should then procede to above 1.3926 or 1.3986. Fall below 1.3581 would cancel this scenario.

USD-CHF

While below 1.1433 it is more likely to fall further towards 1.1298 or 1.1259. Premature rise above 1.1433 could see it rising above 1.1510 zone.

USD-JPY

Current fall seems to be over near 105.21 or 104.85 for a rebound towards 105.57 - 105.81 area.

EUR-JPY

Market should not go lower than 143.67. After this move down it should go up to 145.22 - 146.38 area.

AUD-USD

Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.7685 or 0.7633. Major support is clustered around 0.753 limit.

USD-CAD

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.084 or 1.0933 if support around 1.0738 hold. After which a pullback to 1.0738 - 1.0703 zone is possible

EUR-CHF

Market should not go lower than 1.5647. After this move down it should go up to 1.5686 - 1.5721 area.

EUR-GBP

Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.7808 or 0.7798. Major support is clustered around 0.7753 limit

S3 S2 S1 P R1 R2 R3
EUR-USD 1.3580 1.3689 1.3756 1.3865 1.3974 1.4042 1.4150
USD-CHF 1.1161 1.1227 1.1268 1.1335 1.1402 1.1443 1.1510
USD-JPY 104.36 104.82 105.10 105.56 106.02 106.30 106.75
AUD-USD 0.7543 0.7637 0.7694 0.7788 0.7881 0.7939 0.8032
USD-CAD 1.0542 1.0616 1.0662 1.0737 1.0811 1.0857 1.0932
NZD-USD 0.6432 0.6504 0.6548 0.6620 0.6691 0.6736 0.6807
GBP-JPY 182.77 184.07 184.88 186.17 187.47 188.28 189.58
EUR-GBP 0.7762 0.7799 0.7823 0.7860 0.7898 0.7921 0.7959
EUR-JPY 142.55 144.01

144.91

146.36 147.82 148.72 150.17
EUR-CHF 1.5606 1.5649 1.5676 1.5720 1.5763 1.5790 1.5833

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One Response to “GBPForex Prediction Oct 3”

  1. Roderick Pollard Says:

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    [Reply]

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The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any views expressed may change without notice.

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