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Sunday, September 18, 2016

GBPUSD Outlook: 19 - 23 Sep 2016

High Impact (in red) expected on the following days (GMT +8)
Mon - Japan Holiday
Tue - 8.30pm
Wed - 10.30pm
Thu - 2am, 2.30am, 8.30pm
Fri - NIL

Fib Levels
100 - 1.34436 61.8 - 1.32222
50.0 - 1.31536 38.2 - 1.30861
23.6 - 1.30007
0.0 - 1.28646

Weekly
H - 1.33454
L - 1.29957
O - 1.32646
C - 1.29967

Friday

H - 1.32469
L - 1.29957
O - 1.32367
C - 1.29967

Resistance: 1.30565, 1.31209, 1.31536, 1.32394, 1.33012
Support: 1.30007, 1.29545, 1.28777, 1.28646


If it breaks below Friday's low/close; a fall to 1.29545 is likely. If this support breaks, expect 1.28777, 1.28646.

If not, above 1.3 will see 1.30565 and if it breaks, 1.31209. Price to watch will be at the 1.31536 level.




Saturday, September 03, 2016

GBPUSD Outlook: 05 - 09 Sep 2016

High Impact (in red) expected on the following days (GMT +8)
Mon - 4.30pm, US Bank Holiday
Tue - 10pm
Wed - 4.30pm, 9.15pm
Thu - 8.30pm, 11pm
Fri - 4.30pm, 7.45pm

Fib Levels100 - 1.35321
61.8 - 1.32540
50.0 - 1.31686
38.2 - 1.3083123.6 - 1.29762
0.0 - 1.28095

Weekly
H - 1.33518
L - 1.30587
O - 1.31087
C - 1.32915

Friday

H - 1.33518
L - 1.32517
O - 1.32663
C - 1.32915


Resistance: 1.33049, 1.33351,1.33522, 1.33711
Support: 1.3290, 1.32560, 1.32351, 1.31541, 1.31254, 1.30852, 1.30601

A double top may be formed at 1.33711 if it doesn't break above this level. If it does, expect 1.342.

A retest to 1.30831 may still be possible.