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 | 1.16317 | 1.16325 | 1.16558 | 1.16131 |
| USDJPY | 159.917 | 159.924 | 159.951 | 159.566 |
| GBPUSD | 1.3469 | 1.347 | 1.34823 | 1.34456 |
| USDCHF | 0.7872 | 0.78734 | 0.78851 | 0.78434 |
| EURCHF | 0.91565 | 0.91587 | 0.91625 | 0.91381 |
| EURJPY | 186.009 | 186.032 | 186.219 | 185.577 |
| GBPJPY | 215.392 | 215.416 | 215.542 | 214.636 |