By Francisco Salazar (staff@latinospost.com) | First Posted: Feb 10, 2013 10:03 AM EST

The British Academy Awards will be held on Sunday Feb. 10 with Stephen Fry hosting.

The BAFTA awards are known as the most prestigious British Film awards and are some of the most important Oscar prognosticators.

This year the movies nominated for Best Film are Oscar nominees "Les Miserables," "Argo," "Lincoln," "Zero Dark Thirty," and "Life of Pi." "Argo" goes in with the most momentum and is most likely to win.

The BAFTA awards in the acting categories have historically predicted who will at the Oscars. Daniel Day-Lewis (Lincoln) is expected to win Best Lead Actor while Anne Hathaway (Les Miserables) will win the Best Supporting Actress.

However the Best Actress race will be disputed by Emmanuelle Riva (Amour), Jessica Chastain (Zero Dark Thirty) and Jennifer Lawrence (Silver Linings Playbook). Lawrence comes in with the momentum after a Screen Actors Guild win but Chastain has the advantage because her film is nominated for Best Picture. However, Riva may ultimately win if voters split their ballots on Chastain and Lawrence.

The Best Supporting Actor race may finally be decided today with Phillip Seymour Hoffman (The Master), Tommy Lee Jones (Lincoln), Christoph Waltz (Django Unchained) and Alan Arkin (Argo) disputing the race. Pundits agree that Jones will win but Hoffman has won the majority of the awards. However, Waltz's film "Django Unchained" is popular with the BAFTA and can take the prize.

"Les Miserables" looks like the front-runner to win the Best British film over "Anna Karenina," "The Best Exotic Marigold Hotel," "Skyfall" and "Seven Psychopaths"

The BAFTA awards will be live streamed on their YouTube page. The Red Carpet will be live stream on EE.

The awards can also be followed on their Facebook and twitter accounts.