GBPUSD Intra-day Analysis 18th Dec. 2020

Turning Down

Our Pivot: 1.3587

Our Preference: Short sell below 1.3545 with strict stop loss of 1.3587 and profit target at 1.3485 with extension towards 1.3460.

Alternate Scenario: Upward penetration of 1.3587 will call for 1.3630.

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
EURUSD1.15671.15679 1.16379 1.15466
USDJPY154.11154.122 154.452 152.161
GBPUSD1.315241.31533 1.32197 1.31159
USDCHF0.802310.80246 0.8038 0.79746
EURCHF0.928020.92827 0.9298 0.92626
EURJPY178.276178.301 178.829 176.803
GBPJPY202.686202.723 203.282 200.968


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