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:
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 | 1.16291 | 1.16362 | 1.16035 |
| USDJPY | 154.528 | 154.539 | 156.29 | 154.052 |
| GBPUSD | 1.3538 | 1.3539 | 1.35456 | 1.3505 |
| USDCHF | 0.80876 | 0.80894 | 0.81107 | 0.80838 |
| EURCHF | 0.94047 | 0.94072 | 0.94184 | 0.93973 |
| EURJPY | 179.69 | 179.715 | 181.483 | 179.211 |
| GBPJPY | 209.203 | 209.228 | 211.25 | 208.629 |