GBPUSD Intra-day Analysis 21st Dec. 2020

Under Pressure

Our Pivot: 1.3435

Our Preference: Short sell below 1.3365 with strict stop loss of 1.3435 and profit target at 1.3300 with extension towards 1.3280.

Alternate Scenario: Upward penetration of 1.3435 will call for 1.3490.

NOTE: GBP is being capped by a strong resistant region.

Chart with supports & resistances:

Level	1st	2nd	3rd
Supports	0.00	0.00	0.00
Resistances	0.00	0.00	0.00

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