GBPUSD Intra-day Analysis 18th Dec. 2020
Turning Down
Our Pivot: 1.3587
Our Preference: Short sell below 1.3545 with strict stop loss of 1.3587 and profit target at 1.3485 with extension towards 1.3460.
Alternate Scenario: Upward penetration of 1.3587 will call for 1.3630.
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 | 1.17882 | 1.17889 | 1.17919 | 1.17804 |
| USDJPY | 154.725 | 154.736 | 154.843 | 154.614 |
| GBPUSD | 1.34941 | 1.34958 | 1.35123 | 1.34847 |
| USDCHF | 0.7725 | 0.77268 | 0.77431 | 0.77131 |
| EURCHF | 0.91061 | 0.91092 | 0.91237 | 0.90899 |
| EURJPY | 182.397 | 182.426 | 182.51 | 182.265 |
| GBPJPY | 208.783 | 208.83 | 209.066 | 208.625 |