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:
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 | 1.13816 | 1.13855 | 1.13868 | 1.13739 |
| USDJPY | 157.299 | 157.385 | 157.403 | 157.18 |
| GBPUSD | 1.3234 | 1.32411 | 1.32459 | 1.32179 |
| USDCHF | 0.82745 | 0.82945 | 0.8297 | 0.82759 |
| EURCHF | 0.94194 | 0.94431 | 0.94575 | 0.94058 |
| EURJPY | 179.038 | 179.181 | 179.192 | 178.805 |
| GBPJPY | 208.188 | 208.387 | 208.43 | 207.891 |