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:
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 | 1.14417 | 1.14425 | 1.14956 | 1.14045 |
| USDJPY | 143.623 | 143.633 | 143.977 | 142.529 |
| GBPUSD | 1.35801 | 1.35813 | 1.36173 | 1.35397 |
| USDCHF | 0.82 | 0.82018 | 0.82161 | 0.8171 |
| EURCHF | 0.93828 | 0.9385 | 0.94009 | 0.93317 |
| EURJPY | 164.326 | 164.35 | 164.685 | 162.879 |
| GBPJPY | 195.047 | 195.074 | 195.51 | 193.242 |