Forex prediction for gbp and usd – Give Free signals | Real Time Forex Signals

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GBPForex Prediction Oct 31

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GBP Forex forex markets for October 31st, 2008.

GBP forex Technical Outlook

There are initial signs of a good corrective recovery towards 1.6516 or even 1.6618. Supports at 1.6285 and 1.6156 zone

- weekly : trend down

R3 : 1.6875

R2 : 1.6699

R1 : 1.6590

Pivot : 1.6413

S1 : 1.6237

S2 : 1.6128

S3 : 1.5951

Today prediction range Gbp/Usd : 1.5900-1.6700

Other Technical Outlooks

EUR-USD

Preferred view is for a fall to below 1.2680 while 1.2863 – 1.2988 area resists. A clear break of 1.3172 would be bullish.

USD-CHF

It may attempt a test higher to 1.1463 after which weakness may set it to a drift down to below 1.1274 limit.

USD-JPY

It may test to 99.50, and if break up, can up to 101.00

EUR-JPY

While below 125.82 or 127.57 it could fall towards below 124.07 or 121.3. After which a corrective/consolidation activity is expected to 128.96 zone

AUD-USD

While below 0.6895 it is more likely to fall further towards 0.6688 or 0.662. Premature rise above 0.6895 could see it rising above 0.7031 zone.

USD-CAD

It may meet resistance in 1.2012 – 1.2056 zone for a drift down to 1.1879 zone, after which bounce to 1.2134 is anticipated

EUR-CHF

While below 1.4673 or 1.4751 it could fall towards below 1.4594 or 1.4464. After which a corrective/consolidation activity is expected to 1.4816 zone.

EUR-GBP

Prefer a fall to 0.7853 or 0.7799. Then a correction to 0.7939 is anticipated. A clear break of 0.7734 is again bearish

S3 S2 S1 P R1 R2 R3
EUR-USD 1.2495 1.2683 1.2799 1.2987 1.3175 1.3291 1.3479
USD-CHF 1.1099 1.1204 1.1270 1.1375 1.1481 1.1546 1.1651
USD-JPY 96.39 97.12 97.57 98.30 99.03 99.48 100.21
AUD-USD 0.6479 0.6584 0.6650 0.6755 0.6860 0.6926 0.7031
USD-CAD 1.1700 1.1836 1.1920 1.2055 1.2191 1.2275 1.2410
NZD-USD 0.5667 0.5757 0.5812 0.5902 0.5992 0.6047 0.6137
GBP-JPY 154.66 157.27 158.89 161.50 164.12 165.73 168.35
EUR-GBP 0.7735 0.7800 0.7840 0.7906 0.7971 0.8011 0.8077
EUR-JPY 121.26 123.66

125.15

127.55 129.95 131.43 133.83
EUR-CHF 1.4463 1.4573 1.4640 1.4750 1.4859 1.4927 1.5036
 
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Posted in: gbp/usd prediction


2 Comments (Leave a comment) »

  • Vigrx said:

    Thanks for sharing this information. I would like it in more detail though, feel free to e-mail me about it.

  • Purdie said:

    Hey man, thanks for the blog post, really great info here. Thanks Again!

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This information is free. But we are not guarantee that our prediction is true and give you profit. Use this Information wisely. trading currencies at forex markets not really easy. Learn forex trading with forex trading course at forex trading online for managed your forex tradings.
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