Close price forecasts: 20 currencies

Brian Twomey Brian's Investment

Last week’s GBP/USD close price forecast was 1.3583 and under 1.3615. At exactly 4.59, GBP/USD went into extraordinary prices as 1.3615 traded then a massive drop to 1.3585 then 1.3575 and back to 1.3590’s and the close at 1.3575.

Way back in the day and long before 2016, GBP/USD had habits of a massive 100 and 150 drop or rise without warning. The explanation then as was probably the result last Friday at 4:59 was a giant GBP trade went through late in the day just before the close. Back then, the drop or rise was explained by 1 Yard or a 1 billion GBP trade went through.

Close Prices

EUR/USD 1.2155

EUR/JPY 125.88

EUR/NZD 1.6998

EUR/AUD 1.5779

GBP/USD 1.3611 and under 1,3642

GBP/JPY 130.90 and under 141.36

GBP/CHF 1.2062

GBP/CAD 1.7295

GBP/NZD 1.8985

GBP/AUD 1.7675

AUD/USD 0.7683

AUD/JPY 79.71

AUD/CHF 0.6795

AUD/CAD 0.9791

NZD/USD 0.7149

NZD/JPY 74.19

NZD/CHF 0.6348

NZD/CAD 0.9114

USD/CAD 1.2713

USD/JPY 103.56

Author

Brian Twomey

Brian's Investment

Brian Twomey is an independent trader and a prolific writer on trading, having authored over sixty articles in Technical Analysis of Stocks & Commodities and Investopedia.

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