Every week, we are publishing the Experts Forecast Currencies Poll. A pool of selected traders and analysts gives us their targets for the major currencies for the week, month and quarter to come. They also indicate the whole trend in these periods.
The report includes a visual table for each pair, as well as the comments that the experts might have added to their analysis.
Agree or disagree? Comments? Your own forecast? Post your thoughts in the Forecasts discussion group!
| GBPUSD | 1 Week | 1 Month | 1 Quarter | 1 Week | 1 Month | 1 Quarter | ||
|---|---|---|---|---|---|---|---|---|
| Levels | Trend | |||||||
| ©FXstreet.com | Fri, Oct 12 2012, 17:00 GMT | |||||||
| A. Narczewski | 1.6150 | 1.6000 | 1.5800 | Bullish | Bearish | Bearish | ||
| BoA FX, Rates and Commodities Team | - | - | 1.5800 | - | - | Bearish | ||
| Claudiu Cazacu | 1.5890 | 1.6100 | 1.6400 | Bearish | Sideways | Bullish | ||
| Danske Research Team | - | - | 1.5900 | - | - | Bearish | ||
| Dr. S. Sivaraman | 1.6433 | 1.6943 | 1.7212 | Bullish | Bullish | Bullish | ||
| HSBC Global Research Team | - | - | 1.5560 | - | - | Bearish | ||
| ICN.com analysis team | 1.5780 | 1.5660 | 1.5265 | Bearish | Bearish | Bearish | ||
| Ilian Yotov | 1.6300 | 1.6000 | 1.5750 | Bullish | Bearish | Bearish | ||
| ING Global Economics Team | - | - | 1.5800 | - | - | Bearish | ||
| J.P. Morgan Global FX Strategy | - | - | 1.6200 | - | - | Sideways | ||
| Luc Luyet, CMT, CIIA | 1.6000 | 1.6200 | 1.6300 | Bearish | Bullish | Bullish | ||
| Malik Khan | 1.6150 | 1.6200 | 1.6100 | Bullish | Bullish | Sideways | ||
| Mauricio Carrillo | 1.6140 | 1.6250 | 1.6000 | Bullish | Bullish | Sideways | ||
| NAB Global Markets Research | - | - | 1.6300 | - | - | Bullish | ||
| Rabobank Financial Markets Research Team | - | 1.6100 | 1.6200 | - | Sideways | Sideways | ||
| RBC Economic Research Team | - | - | 1.6500 | - | - | Bullish | ||
| RBS Team | - | - | 1.5780 | - | - | Bearish | ||
| Ross Yamashita | 1.5900 | 1.5600 | 1.6000 | Bearish | Bearish | Sideways | ||
| Scotiabank FX Strategy Team | - | - | 1.6200 | - | - | Sideways | ||
| TD Securities Research Team | - | - | 1.6000 | - | - | Sideways | ||
| UBS FX Research Team | - | 1.6200 | 1.5600 | - | Bullish | Bearish | ||
| UniCredit Research | - | - | 1.6300 | - | - | Bullish | ||
| Valeria Bednarik | 1.5970 | 1.5800 | 1.5560 | Bearish | Bearish | Bearish | ||
| Yohay Elam | 1.6100 | 1.6000 | 1.6300 | Sideways | Bearish | Bullish | ||
| Average | 1.6074 | 1.6081 | 1.6034 | Sideways | Sideways | Sideways | ||
Stability below 1.6180 will bring further downside pressures.
If the GBP/USD manages to sustain above $1.60, the pair will be positioned to challenge its 2012 high.
RBS RBS Team Global Currency Weekly mail
Cable has some room to recover in range.
Risk Disclosure
This forecast has just an informative meaning and cannot be treated as the guide to action, signal, recommendation or an offer to carry out certain trading operation. The experts of this poll expresses personal opinions and will not assume any responsibility whatsoever for the actions of the reader.We always aim for maximum accuracy, and FXstreet.com cannot be held responsible for inaccurate information or typos.
swing and quick rise moves may be seen during the month end and year end time.