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 | 1.16075 | 1.16082 | 1.16251 | 1.16024 |
| USDJPY | 159.909 | 159.916 | 159.936 | 159.635 |
| GBPUSD | 1.35439 | 1.35448 | 1.35601 | 1.35376 |
| USDCHF | 0.80925 | 0.80939 | 0.81009 | 0.80656 |
| EURCHF | 0.93933 | 0.93956 | 0.94006 | 0.93795 |
| EURJPY | 185.61 | 185.633 | 185.709 | 185.42 |
| GBPJPY | 216.577 | 216.605 | 216.639 | 216.299 |