GBPUSD Intra-day Analysis 18th Nov. 2020
Further Advance
Our Pivot: 1.3235
Our Preference: Start buying above 1.3255 with strict stop loss of 1.3235 and profit target at 1.3280 and 1.3310 with extension towards 1.3330.
Alternate Scenario: Downward penetration of 1.3235 will call for 1.3220 and 1.3200.
NOTE: GBP is moving in a bullish price channel and is ready for bullish breakout of wedge in upward direction.
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 | 1.16318 | 1.16326 | 1.16558 | 1.16131 |
| USDJPY | 159.918 | 159.926 | 159.951 | 159.566 |
| GBPUSD | 1.34691 | 1.34701 | 1.34823 | 1.34456 |
| USDCHF | 0.78714 | 0.78729 | 0.78851 | 0.78434 |
| EURCHF | 0.91558 | 0.91581 | 0.91625 | 0.91381 |
| EURJPY | 186.011 | 186.032 | 186.219 | 185.577 |
| GBPJPY | 215.395 | 215.42 | 215.542 | 214.636 |