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 | 1.16079 | 1.16086 | 1.16251 | 1.16024 |
| USDJPY | 159.916 | 159.923 | 159.936 | 159.635 |
| GBPUSD | 1.35453 | 1.35463 | 1.35601 | 1.35376 |
| USDCHF | 0.80917 | 0.80937 | 0.81009 | 0.80656 |
| EURCHF | 0.93931 | 0.93956 | 0.94006 | 0.93795 |
| EURJPY | 185.624 | 185.645 | 185.709 | 185.42 |
| GBPJPY | 216.613 | 216.634 | 216.637 | 216.299 |