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 | 1.11668 | 1.11677 | 1.12663 | 1.11758 |
| USDJPY | 146.819 | 146.827 | 147.673 | 145.612 |
| GBPUSD | 1.32567 | 1.3258 | 1.33608 | 1.32698 |
| USDCHF | 0.84254 | 0.84273 | 0.84258 | 0.83232 |
| EURCHF | 0.94085 | 0.9411 | 0.94229 | 0.93733 |
| EURJPY | 163.955 | 163.975 | 165.177 | 163.725 |
| GBPJPY | 194.636 | 194.663 | 196.436 | 194.227 |