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 | 1.15768 | 1.15776 | 1.15866 | 1.15663 |
| USDJPY | 159.653 | 159.661 | 159.785 | 159.308 |
| GBPUSD | 1.35347 | 1.35358 | 1.35596 | 1.35191 |
| USDCHF | 0.81239 | 0.81254 | 0.81285 | 0.80947 |
| EURCHF | 0.94049 | 0.94073 | 0.9408 | 0.93756 |
| EURJPY | 184.827 | 184.849 | 184.921 | 184.43 |
| GBPJPY | 216.088 | 216.114 | 216.238 | 215.756 |