GBPUSD Intra-day Analysis 22nd Dec. 2020

Under Pressure

Our Pivot: 1.3470

Our Preference: Short sell below 1.3430 with strict stop loss of 1.3470 and profit target at 1.3345 with extension towards 1.3310.

Alternate Scenario: Upward penetration of 1.3470 will call for 1.3500 and 1.3550.

NOTE: GBP is moving in a bearish price channel.

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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