GBPUSD Intra-day Analysis 17th Dec. 2020

Turning Down

Our Pivot: 1.3600

Our Preference: Short sell below 1.3575 with strict stop loss of 1.3600 and profit target at 1.3522 with extension towards 1.3494.

Alternate Scenario: Upward penetration of 1.3600 will call for 1.3640.

NOTE: GBP is being capped by a strong resistant region and hourly momentum indicators are in bearish mode.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.144321.14439 1.14956 1.14045
USDJPY143.627143.635 143.977 142.529
GBPUSD1.35821.35834 1.36173 1.35397
USDCHF0.819950.82011 0.82161 0.8171
EURCHF0.938350.93858 0.94009 0.93317
EURJPY164.354164.376 164.685 162.879
GBPJPY195.071195.104 195.51 193.242


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