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 | 1.16282 | 1.1629 | 1.16362 | 1.16035 |
| USDJPY | 154.524 | 154.536 | 156.29 | 154.052 |
| GBPUSD | 1.35384 | 1.35394 | 1.35456 | 1.3505 |
| USDCHF | 0.80881 | 0.80896 | 0.81107 | 0.80838 |
| EURCHF | 0.94051 | 0.94076 | 0.94184 | 0.93973 |
| EURJPY | 179.684 | 179.708 | 181.483 | 179.211 |
| GBPJPY | 209.204 | 209.229 | 211.25 | 208.629 |