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 | 1.13814 | 1.13855 | 1.13868 | 1.13739 |
| USDJPY | 157.3 | 157.385 | 157.403 | 157.18 |
| GBPUSD | 1.32348 | 1.32403 | 1.32459 | 1.32179 |
| USDCHF | 0.82752 | 0.82955 | 0.82969 | 0.82739 |
| EURCHF | 0.94194 | 0.94431 | 0.94575 | 0.94058 |
| EURJPY | 179.043 | 179.178 | 179.192 | 178.805 |
| GBPJPY | 208.199 | 208.383 | 208.43 | 207.891 |