"look favorably upon" is correct and usable in written English. You can use this phrase when you want to express that you are looking at something or someone in a positive or approving way. Example: I hope the college looks favorably upon my application.
It is unclear whether the S.E.C. will look favorably upon the arrangement.
But the judge suggested that he would look favorably upon such a request if it were presented by the bureau.
"If they come up with somebody stronger, someone who can do better by the children of this district, I will look favorably upon that appointment".
The city also agreed to look favorably upon developers who propose job-intensive businesses at Willets Point that would pay at least $10 an hour.
Mr. D'Amato has looked favorably upon Mr. McCain before.
Two companies, RealD and XpanD, have already trumpeted that Mr. Cameron looks favorably upon their technologies.
Asked this week about the policy's prospects in the Vatican, Sister Mary Ann Walsh, a spokeswoman for the United States Conference of Catholic Bishops, said: "I'm hearing that they're looking favorably upon it.
Ludwig does not simply clarify my doubts with English writing, it enlightens my writing with new possibilities
Simone Ivan Conte
Software Engineer at Adobe, UK