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:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.162641.16359 1.16558 1.16131
USDJPY159.835159.932 159.951 159.566
GBPUSD1.346361.34707 1.34823 1.34456
USDCHF0.786430.78829 0.78851 0.78434
EURCHF0.914980.91651 0.91625 0.91381
EURJPY185.897186.037 186.219 185.577
GBPJPY215.215215.413 215.542 214.636


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