GBPUSD Intra-day Analysis 11th Dec. 2020
Under Pressure
Our Pivot: 1.3345
Our Preference: Short sell below 1.3324 with strict stop loss of 1.3345 and profit target at 1.3280 with extension towards 1.3264.
Alternate Scenario: Upward penetration of 1.3345 will call for 1.3370 and 1.3400.
NOTE: GBP is being capped by a strong resistant region and hourly momentum indicators are in bearish mode.
Chart with supports & resistances:
Technical Levels
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Forex Live Prices
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| EURUSD | 1.16282 | 1.16294 | 1.16362 | 1.16256 |
| USDJPY | 159.909 | 159.922 | 159.966 | 159.827 |
| GBPUSD | 1.34652 | 1.34675 | 1.34779 | 1.34542 |
| USDCHF | 0.78682 | 0.78725 | 0.78872 | 0.78585 |
| EURCHF | 0.91517 | 0.9155 | 0.91656 | 0.91474 |
| EURJPY | 185.946 | 185.984 | 186.095 | 185.846 |
| GBPJPY | 215.315 | 215.369 | 215.529 | 215.159 |