GBPUSD Intra-day Analysis 30th Nov. 2020
Turning Down
Our Pivot: 1.3400
Our Preference: Short sell below 1.3360 with strict stop loss of 1.3400 and profit target at 1.3300 with extension towards 1.3280.
Alternate Scenario: Upward penetration of 1.3400 will call for 1.3425.
NOTE: GBP is being capped by a descending trend line and momentum indicators on hourly chart have turned their direction towards bearish side.
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 | 159.917 | 159.925 | 159.951 | 159.566 |
| GBPUSD | 1.3469 | 1.347 | 1.34823 | 1.34456 |
| USDCHF | 0.78715 | 0.7873 | 0.78851 | 0.78434 |
| EURCHF | 0.91559 | 0.91581 | 0.91625 | 0.91381 |
| EURJPY | 186.01 | 186.03 | 186.219 | 185.577 |
| GBPJPY | 215.393 | 215.42 | 215.542 | 214.636 |