GBPUSD Intra-day Analysis 28th Dec. 2020

Turning Down

Our Pivot: 1.3625

Our Preference: Short sell below 1.3580 with strict stop loss of 1.3625 and profit target at 1.3517 with extension towards 1.3478.

Alternate Scenario: Upward penetration of 1.3625 will call for 1.3665.

NOTE: GBP is being capped by a descending trend.

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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