GBP/USD today's market forecast 09/15/11
15 September 2011
Today's forecast
The pair is trading along an downtrend.
The downtrend may be expected to continue from current levels, which will be followed by reaching support level 1.5700 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.5550.
An uptrend will start as soon as the pair rises above resistance level 1.5800, which will be followed by moving up to resistance level 1.5925.
Resistances: 1.5800, 1.5850, 1.5925, 1.6050 (strong)
Supports: 1.5700, 1.5550 (strong)
Forecast weekly, september 12 - 16
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.5800, which will be followed by reaching support level 1.5700, 1.5550 and 1.5435.
An uptrend will start as soon as the pair rises above resistance level 1.5960, which will be followed by moving up to resistance level 1.6050 and then 1.6275.
Resistance: 1.5960, 1.6050 (strong), 1.6275 (strong, target levels)
Support: 1.5800, 1.5700, 1.5550 (strong, target level), 1.5435
Forecast monthly, September
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.5800, which will be followed by reaching support level 1.5550 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.5100.
An uptrend will start as soon as the pair rises above resistance level 1.6050, which will be followed by moving up to resistance level 1.6275, 1.6470 and 1.6715.
Resistances: 1.6050, 1.6275, 1.6470, 1.6715
Supports: 1.5800, 1.5700, 1.5550 (strong, intermediate target), 1.5435, 1.5340, 1.5200, 1.5100 (strong, last target)
The pair is trading along an downtrend.
The downtrend may be expected to continue from current levels, which will be followed by reaching support level 1.5700 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.5550.
An uptrend will start as soon as the pair rises above resistance level 1.5800, which will be followed by moving up to resistance level 1.5925.
Resistances: 1.5800, 1.5850, 1.5925, 1.6050 (strong)
Supports: 1.5700, 1.5550 (strong)
Forecast weekly, september 12 - 16
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.5800, which will be followed by reaching support level 1.5700, 1.5550 and 1.5435.
An uptrend will start as soon as the pair rises above resistance level 1.5960, which will be followed by moving up to resistance level 1.6050 and then 1.6275.
Resistance: 1.5960, 1.6050 (strong), 1.6275 (strong, target levels)
Support: 1.5800, 1.5700, 1.5550 (strong, target level), 1.5435
Forecast monthly, September
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.5800, which will be followed by reaching support level 1.5550 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.5100.
An uptrend will start as soon as the pair rises above resistance level 1.6050, which will be followed by moving up to resistance level 1.6275, 1.6470 and 1.6715.
Resistances: 1.6050, 1.6275, 1.6470, 1.6715
Supports: 1.5800, 1.5700, 1.5550 (strong, intermediate target), 1.5435, 1.5340, 1.5200, 1.5100 (strong, last target)
Forecast Quarterly: September, October - December
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1.5800, which will be followed by reaching support level 1.5550 and then 1.5100 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.4535 and 1.4100.
An uptrend will start as soon as the pair rises above resistance level 1.6470, which will be followed by moving up to resistance level 1.6715, 1.7040, 1.7800.
Resistances: 1.5960, 1.6050 (strong), 1.6275, 1.6470, 1.6715 (strong), 1.7040 (very strong), 1.7250, 1.7625, 1.7800 (strong)|
Supports: 1.5800, 1.5550 (strong), 1.5100 (strong, first target), 1.4900, 1.4535 (strong), 1.4100 (strong, second target)
The downtrend may be expected to continue in case the market drops below support level 1.5800, which will be followed by reaching support level 1.5550 and then 1.5100 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.4535 and 1.4100.
An uptrend will start as soon as the pair rises above resistance level 1.6470, which will be followed by moving up to resistance level 1.6715, 1.7040, 1.7800.
Resistances: 1.5960, 1.6050 (strong), 1.6275, 1.6470, 1.6715 (strong), 1.7040 (very strong), 1.7250, 1.7625, 1.7800 (strong)|
Supports: 1.5800, 1.5550 (strong), 1.5100 (strong, first target), 1.4900, 1.4535 (strong), 1.4100 (strong, second target)
Yearly forecast, 2010 – 2011.
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