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 | 1.15683 | 1.15691 | 1.16379 | 1.15466 |
| USDJPY | 154.093 | 154.102 | 154.452 | 152.161 |
| GBPUSD | 1.3154 | 1.31551 | 1.32197 | 1.31159 |
| USDCHF | 0.80232 | 0.80248 | 0.8038 | 0.79746 |
| EURCHF | 0.92815 | 0.92839 | 0.9298 | 0.92626 |
| EURJPY | 178.275 | 178.297 | 178.829 | 176.803 |
| GBPJPY | 202.698 | 202.733 | 203.282 | 200.968 |