GBPUSD Intra-day Analysis 8th Dec. 2020
Under Pressure
Our Pivot: 1.3410
Our Preference: Short sell below 1.3365 with strict stop loss of 1.3410 and profit target at 1.3285 with extension towards 1.3250.
Alternate Scenario: Upward penetration of 1.3410 will call for 1.3440.
NOTE: GBP is being capped by descending trend line along with a major horizontal resistant region.
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 | 1.16268 | 1.16355 | 1.16558 | 1.16131 |
| USDJPY | 159.84 | 159.935 | 159.951 | 159.566 |
| GBPUSD | 1.34649 | 1.34702 | 1.34823 | 1.34456 |
| USDCHF | 0.78663 | 0.78847 | 0.78851 | 0.78434 |
| EURCHF | 0.91498 | 0.91651 | 0.91625 | 0.91381 |
| EURJPY | 185.904 | 186.028 | 186.219 | 185.577 |
| GBPJPY | 215.228 | 215.413 | 215.542 | 214.636 |