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:
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 | 1.11675 | 1.11683 | 1.12663 | 1.11758 |
| USDJPY | 146.828 | 146.835 | 147.673 | 145.612 |
| GBPUSD | 1.32572 | 1.32588 | 1.33608 | 1.32698 |
| USDCHF | 0.84268 | 0.84285 | 0.84258 | 0.83232 |
| EURCHF | 0.94107 | 0.94131 | 0.94229 | 0.93733 |
| EURJPY | 163.97 | 163.993 | 165.177 | 163.725 |
| GBPJPY | 194.655 | 194.675 | 196.436 | 194.227 |