GBPUSD Intra-day Analysis 11th Dec. 2020

Under Pressure

Our Pivot: 1.3345

Our Preference: Short sell below 1.3324 with strict stop loss of 1.3345 and profit target at 1.3280 with extension towards 1.3264.

Alternate Scenario: Upward penetration of 1.3345 will call for 1.3370 and 1.3400.

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
EURUSD1.171631.17233 1.17546 1.16806
USDJPY144.623144.658 144.95 144.173
GBPUSD1.371641.37202 1.37534 1.36826
USDCHF0.798080.79947 0.80191 0.79567
EURCHF0.935020.93696 0.93821 0.93404
EURJPY169.421169.562 169.817 168.621
GBPJPY198.389198.629 198.828 198.009


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