GBPForex Prediction Oct 30

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GBPForex Prediction Oct 30

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Information about GBPForex Prediction Oct 30 from GBPForex

GBP forex Technical Outlook

One move lower to 1.6066 or 1.5735 is anticipated while below 1.6437 – 1.6602 area. Stop loss above 1.6807 zone.

- weekly : trend down

R3 : 1.6807

R2 : 1.6602

R1 : 1.6475

Pivot : 1.6269

S1 : 1.6063

S2 : 1.5936

S3 : 1.5731

Today prediction range Gbp/Usd : 1.6350-1.6000

Other Technical Outlooks
EUR-USD	Currently uptrend should end around 1.3112 – 1.3099 area. A correction down to below 1.2733 is expected. A rise above 1.3228 will abort the expected correction.
USD-CHF	Market should meet resistance at 1.1372. We expect then an extended move down to 1.1189 -1.0987 area
USD-JPY	There are initial signs of a good corrective recovery towards 98.53 or even 99.34. Supports at 96.72 and 95.72 zone.
EUR-JPY	Uptrend is still intact. It should continue to rally to 129.03 or 130.92 if supports at 125 area hold. We anticipate a pullback to 125 – 123.84 zone as part of a triangle whitin a bullish structure. Upper break of this triangle lies at 129.03 limit.
AUD-USD	While below 0.6873 it is more likely to fall further towards 0.6512 or 0.6417. Premature rise above 0.6873 could see it rising above 0.7063 zone
USD-CAD	Market should meet resistance at 1.24. We expect then an extended move down to 1.1948 -1.1607 area.
EUR-CHF	There are initial signs of a good corrective recovery towards 1.4705 or even 1.4755. Supports at 1.4590 and 1.4524 zone
EUR-GBP	It is likely to attempt nearer support at 0.7828 for extending further to below 0.7748 while below 0.7909 – 0.7957 area. Rise above 0.7997 would dampen this bearish expectation.

	S3	S2	S1	P	R1	R2	R3
EUR-USD	1.2495	1.2636	1.2722	1.2862	1.3002	1.3088	1.3228
USD-CHF	1.1039	1.1166	1.1244	1.1370	1.1497	1.1575	1.1701
USD-JPY	94.07	95.46	96.32	97.71	99.10	99.97	101.36
AUD-USD	0.6146	0.6322	0.6430	0.6605	0.6781	0.6889	0.7064
USD-CAD	1.1655	1.1939	1.2114	1.2398	1.2683	1.2858	1.3142
NZD-USD	0.5547	0.5652	0.5716	0.5821	0.5926	0.5990	0.6095
GBP-JPY	150.20	153.19	155.04	158.04	161.03	162.88	165.87
EUR-GBP	0.7747	0.7812	0.7852	0.7916	0.7980	0.8020	0.8084
EUR-JPY	119.06	121.32	122.72	124.99	127.25	128.65	130.92
EUR-CHF	1.4429	1.4514	1.4567	1.4653	1.4739	1.4792	1.4878