GBPForex Prediction Sept 19

GBP forex Technical Outlook

Should test support at 1.8088 while below 1.8180. If support at 1.8088 holds it can rise up to1.8274, if not it should fall to below 1.7997 zone.

- weekly : trend down

R3 : 1.8368

R2 : 1.8297

R1 : 1.8253

Pivot : 1.8182

S1 : 1.8110

S2 : 1.8066

S3 : 1.7995

Today prediction range Gbp/Usd : 1.7900-1.8300

Other Technical Outlooks

EUR-USD

Resistances lie around 1.4444 and 1.4651. It should test lower towards 1.4237 zone. A clear break of 1.4226 would be bearish.

USD-CHF

It should test 1.1126 area after which a sell off down to 1.0927 or extended to 1.0809 area is expected.

USD-JPY

It may attempt a test higher to 105.61 after which weakness may set it to a drift down to below 104.36 limit.

EUR-JPY

Uptrend is still intact in a triangle configuration. It should continue to rally to 151.92 or 153.74 if support around 150.76 hold. After which a pullback to 150.76 - 150.15 zone is possible.

AUD-USD

It should trade higher to 0.8157 while 0.7988 or 0.7933 offers support. Stop loss below 0.7878 zone

USD-CAD

Market should meet resistance at 1.0644. We expect then an extended move down to 1.0584 -1.0513 area.

EUR-CHF

Current upmove should be over between1.5875 and 1.5841. A correction down to 1.5712 is anticipated. A break of 1.5909 is bullish.

EUR-GBP

While below 0.7906 - 0.7927 it might drop to 0.7850 or below 0.7808 zone.

S3 S2 S1 P R1 R2 R3
EUR-USD 1.4126 1.4226 1.4288 1.4389 1.4489 1.4551 1.4652
USD-CHF 1.0808 1.0888 1.0937 1.1018 1.1098 1.1147 1.1228
USD-JPY 103.26 103.95 104.37 105.06 105.75 106.17 106.86
AUD-USD 0.7729 0.7829 0.7891 0.7992 0.8093 0.8155 0.8256
USD-CAD 1.0481 1.0542 1.0579 1.0640 1.0700 1.0738 1.0798
NZD-USD 0.6469 0.6558 0.6613 0.6703 0.6792 0.6847 0.6936
GBP-JPY 187.60 188.84 189.61 190.85 192.09 192.86 194.10
EUR-GBP 0.7808 0.7845 0.7868 0.7906 0.7943 0.7966 0.8004
EUR-JPY 147.74 148.88

149.59

150.73 151.88 152.59 153.73
EUR-CHF 1.5712 1.5761 1.5791 1.5841 1.5890 1.5921 1.5970

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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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