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:
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 | 1.1417 | 1.14232 | 1.1432 | 1.13908 |
| USDJPY | 162.491 | 162.587 | 162.713 | 162.017 |
| GBPUSD | 1.33897 | 1.33948 | 1.33864 | 1.33218 |
| USDCHF | 0.80752 | 0.80866 | 0.81089 | 0.8063 |
| EURCHF | 0.92248 | 0.92441 | 0.92389 | 0.92093 |
| EURJPY | 185.525 | 185.675 | 185.724 | 184.845 |
| GBPJPY | 217.604 | 217.737 | 217.749 | 216.325 |