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 | 1.1695 | 1.16958 | 1.17092 | 1.16504 |
| USDJPY | 147.016 | 147.025 | 147.411 | 146.756 |
| GBPUSD | 1.35076 | 1.35089 | 1.35215 | 1.3446 |
| USDCHF | 0.80012 | 0.8003 | 0.80375 | 0.7985 |
| EURCHF | 0.93574 | 0.936 | 0.93809 | 0.93398 |
| EURJPY | 171.934 | 171.959 | 172.024 | 171.231 |
| GBPJPY | 198.581 | 198.609 | 198.684 | 197.934 |