GBPUSD Intra-day Analysis 24th Nov. 2020

Under Pressure

Our Pivot: 1.3380

Our Preference: Short sell below 1.3350 with strict stop loss of 1.3380 and profit target at 1.3300 with extension towards 1.3270.

Alternate Scenario: Upward penetration of 1.3380 will call for 1.3410.

NOTE: GBP is going to face strong resistance from correction level of its previous bearish rally and it would start moving downward after facing rejection from this correction level.

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
EURUSD1.144131.14421 1.14956 1.14045
USDJPY143.624143.633 143.977 142.529
GBPUSD1.3581.35813 1.36173 1.35397
USDCHF0.820030.82022 0.82161 0.8171
EURCHF0.938270.93851 0.94009 0.93317
EURJPY164.321164.346 164.685 162.879
GBPJPY195.04195.071 195.51 193.242


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