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 | 1.16074 | 1.16082 | 1.16251 | 1.16024 |
| USDJPY | 159.92 | 159.928 | 159.936 | 159.635 |
| GBPUSD | 1.35444 | 1.35453 | 1.35601 | 1.35376 |
| USDCHF | 0.80925 | 0.80946 | 0.81009 | 0.80656 |
| EURCHF | 0.93938 | 0.93961 | 0.94006 | 0.93795 |
| EURJPY | 185.623 | 185.642 | 185.709 | 185.42 |
| GBPJPY | 216.603 | 216.626 | 216.639 | 216.299 |