GBPUSD Intra-day Analysis 11th Jan. 2021
Under Pressure
Our Pivot: 1.3540
Our Preference: Short sell below 1.3508 with strict stop loss of 1.3540 and profit target at 1.3465 with extension towards 1.3425.
Alternate Scenario: Upward penetration of 1.3540 will call for 1.3580 and 1.3610.
NOTE: GBP is moving in a bearish price channel on hourly chart and it's being capped by strong horizontal resistant region inside this channel.
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 | 1.17889 | 1.17899 | 1.17919 | 1.17804 |
| USDJPY | 154.734 | 154.747 | 154.843 | 154.614 |
| GBPUSD | 1.34948 | 1.34965 | 1.35123 | 1.34847 |
| USDCHF | 0.77247 | 0.77266 | 0.77431 | 0.77131 |
| EURCHF | 0.91065 | 0.91095 | 0.91237 | 0.90899 |
| EURJPY | 182.421 | 182.449 | 182.51 | 182.265 |
| GBPJPY | 208.812 | 208.855 | 209.066 | 208.625 |