GBP Forex prediction May 9

GBP forex Technical Outlook

It is likely to attempt to below 1.9437 while below 1.9541 - 1.9555 area. Rise above 1.9607 would dampen this bearish expectation.

- weekly : trend down

- monthly : trend down

R3 : 1.9672

R2 : 1.9627

R1 : 1.9599

Pivot : 1.9555

S1 : 1.9510

S2 : 1.9482

S3 : 1.9438

Today prediction range Gbp/Usd : 1.9400-1.9645

Another Pairs :

EUR-USD

It should test 1.5470 area after which a sell off down to 1.5305 or extended to 1.5270 area is expected.

USD-CHF

While below 1.0539 - 1.0568 it might drop to 1.0454 or below 1.0396 zone.

USD-JPY

Market should meet resistance at 104.03. We expect then an extended move down to 103.28 -102.82 area.

EUR-JPY

It may meet resistance in 159.68 - 160.01 zone for a drift down to 158.69 zone, after which bounce to 160.49 is anticipated.

AUD-USD

It should test 0.9503 area after which a sell off down to 0.9371 or extended to 0.9307 area is expected.

USD-CAD

Currently uptrend should end around 1.0235 - 1.0206 area. A correction down to below 1.0109 is expected. A rise above 1.0240 will abort the expected correction.

S3

S2

S1

P

R1

R2

R3

EUR-USD

1.5216

1.5276

1.5313

1.5372

1.5432

1.5469

1.5528

USD-CHF

1.0394

1.0449

1.0483

1.0538

1.0593

1.0627

1.0682

USD-JPY

102.47

103.06

103.43

104.03

104.62

104.99

105.59

AUD-USD

0.9305

0.9347

0.9372

0.9413

0.9455

0.9480

0.9521

USD-CAD

1.0045

1.0082

1.0105

1.0143

1.0180

1.0203

1.0241

NZD-USD

0.7610

0.7660

0.7691

0.7742

0.7792

0.7823

0.7874

GBP-JPY

200.88

201.79

202.35

203.26

204.17

204.73

205.64

EUR-GBP

0.7795

0.7821

0.7837

0.7862

0.7888

0.7904

0.7929

EUR-JPY

157.76

158.62

159.15

160.00

160.86

161.39

162.24

EUR-CHF

1.6123

1.6152

1.6170

1.6199

1.6228

1.6246

1.6275

AUD-JPY

96.55

97.10

97.43

97.99

98.54

98.87

99.43

also see here

Posted on 9th May 2008
Under: gbp/usd prediction | 1 Comment »

sorry for today not give technical outlook

Sorry for today I didn’t give technical outlooks and signal, because I must help my wife to prepare her sister’s engagement gift.

Good luck for your trading

Posted on 29th February 2008
Under: gbp/usd prediction | No Comments »




Disclaimer
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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