GBPUSD Intra-day Analysis 31st Dec. 2020
Turning Down
Our Pivot: 1.3650
Our Preference: Short sell below 1.3625 with strict stop loss of 1.3650 and profit target at 1.3570 with extension towards 1.3520.
Alternate Scenario: Upward penetration of 1.3650 will call for 1.3695.
NOTE: GBP is being capped by a horizontal resistant region and hourly momentum indicators have lost strength.
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 | 1.17884 | 1.17892 | 1.17919 | 1.17804 |
| USDJPY | 154.726 | 154.739 | 154.843 | 154.614 |
| GBPUSD | 1.34942 | 1.34958 | 1.35123 | 1.34847 |
| USDCHF | 0.77247 | 0.77266 | 0.77431 | 0.77131 |
| EURCHF | 0.9106 | 0.91092 | 0.91237 | 0.90899 |
| EURJPY | 182.403 | 182.431 | 182.51 | 182.265 |
| GBPJPY | 208.783 | 208.83 | 209.066 | 208.625 |