GBPUSD Intra-day Analysis 11th Jan. 2021

Under Pressure

Our Pivot: 1.3540

Our Preference: Short sell below 1.3508 with strict stop loss of 1.3540 and profit target at 1.3465 with extension towards 1.3425.

Alternate Scenario: Upward penetration of 1.3540 will call for 1.3580 and 1.3610.

NOTE: GBP is moving in a bearish price channel on hourly chart and it's being capped by strong horizontal resistant region inside this channel.

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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