GBPUSD Intra-day Analysis 10th Dec. 2020

Under Pressure

Our Pivot: 1.3400

Our Preference: Short sell below 1.3365 with strict stop loss of 1.3400 and profit target at 1.3315 with extension towards 1.3280.

Alternate Scenario: Upward penetration of 1.3400 will call for 1.3425 and 1.3440.

NOTE: GBP is being capped by a strong resistant region and hourly momentum indicators are in bearish 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
EURUSD1.144021.14409 1.14956 1.14045
USDJPY143.708143.715 143.977 142.529
GBPUSD1.35841.35855 1.36173 1.35397
USDCHF0.820080.82029 0.82161 0.8171
EURCHF0.938280.93852 0.94009 0.93317
EURJPY164.402164.42 164.685 162.879
GBPJPY195.214195.24 195.51 193.242


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