GBPUSD Intra-day Analysis 30th Nov. 2020
Turning Down
Our Pivot: 1.3400
Our Preference: Short sell below 1.3360 with strict stop loss of 1.3400 and profit target at 1.3300 with extension towards 1.3280.
Alternate Scenario: Upward penetration of 1.3400 will call for 1.3425.
NOTE: GBP is being capped by a descending trend line and momentum indicators on hourly chart have turned their direction towards bearish side.
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 | 1.1168 | 1.11688 | 1.12663 | 1.11758 |
| USDJPY | 146.816 | 146.826 | 147.673 | 145.612 |
| GBPUSD | 1.32563 | 1.32575 | 1.33608 | 1.32698 |
| USDCHF | 0.84247 | 0.84261 | 0.84258 | 0.83232 |
| EURCHF | 0.94088 | 0.94111 | 0.94229 | 0.93733 |
| EURJPY | 163.965 | 163.986 | 165.177 | 163.725 |
| GBPJPY | 194.624 | 194.652 | 196.436 | 194.227 |