GBPUSD Intra-day Analysis 9th Dec. 2020
Further Advance
Our Pivot: 1.3310
Our Preference: Buy above 1.3365 with strict stop loss of 1.3310 and profit target at 1.3420 with extension towards 1.3440.
Alternate Scenario: Downward penetration of 1.3310 will call for 1.3280 and 1.3265.
NOTE: GBP is bouncing back after getting support from a strong horizontal supportive region and now momentum indicators are in bullish mode.
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 | 1.16305 | 1.1633 | 1.16362 | 1.16256 |
| USDJPY | 159.892 | 159.953 | 159.966 | 159.827 |
| GBPUSD | 1.34575 | 1.34732 | 1.34778 | 1.34546 |
| USDCHF | 0.78643 | 0.78754 | 0.78872 | 0.78585 |
| EURCHF | 0.91514 | 0.91587 | 0.91656 | 0.91474 |
| EURJPY | 185.967 | 186.06 | 186.095 | 185.846 |
| GBPJPY | 215.239 | 215.471 | 215.529 | 215.159 |