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 | 1.13886 | 1.13894 | 1.13951 | 1.13819 |
| USDJPY | 163.803 | 163.812 | 163.887 | 163.729 |
| GBPUSD | 1.32905 | 1.32915 | 1.33018 | 1.32764 |
| USDCHF | 0.81926 | 0.81945 | 0.82011 | 0.81747 |
| EURCHF | 0.93305 | 0.9333 | 0.93343 | 0.93179 |
| EURJPY | 186.549 | 186.571 | 186.709 | 186.451 |
| GBPJPY | 217.705 | 217.726 | 217.886 | 217.481 |