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 | 1.16286 | 1.16299 | 1.16362 | 1.16256 |
| USDJPY | 159.905 | 159.917 | 159.966 | 159.827 |
| GBPUSD | 1.34654 | 1.34689 | 1.34779 | 1.34542 |
| USDCHF | 0.78691 | 0.78713 | 0.78872 | 0.78585 |
| EURCHF | 0.9152 | 0.91552 | 0.91656 | 0.91474 |
| EURJPY | 185.955 | 185.987 | 186.095 | 185.846 |
| GBPJPY | 215.316 | 215.371 | 215.529 | 215.159 |