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:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.160791.16087 1.16251 1.16024
USDJPY159.915159.922 159.936 159.635
GBPUSD1.354551.35465 1.35601 1.35376
USDCHF0.809170.80937 0.81009 0.80656
EURCHF0.939320.93956 0.94006 0.93795
EURJPY185.624185.646 185.709 185.42
GBPJPY216.613216.634 216.637 216.299


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