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 | 1.15768 | 1.15775 | 1.15866 | 1.15663 |
| USDJPY | 159.654 | 159.661 | 159.785 | 159.308 |
| GBPUSD | 1.35351 | 1.35361 | 1.35596 | 1.35191 |
| USDCHF | 0.81243 | 0.81258 | 0.81285 | 0.80947 |
| EURCHF | 0.94053 | 0.94078 | 0.9408 | 0.93756 |
| EURJPY | 184.824 | 184.848 | 184.921 | 184.43 |
| GBPJPY | 216.093 | 216.12 | 216.238 | 215.756 |