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 | 1.16264 | 1.16359 | 1.16558 | 1.16131 |
| USDJPY | 159.835 | 159.932 | 159.951 | 159.566 |
| GBPUSD | 1.34636 | 1.34707 | 1.34823 | 1.34456 |
| USDCHF | 0.78643 | 0.78829 | 0.78851 | 0.78434 |
| EURCHF | 0.91498 | 0.91651 | 0.91625 | 0.91381 |
| EURJPY | 185.897 | 186.037 | 186.219 | 185.577 |
| GBPJPY | 215.215 | 215.413 | 215.542 | 214.636 |