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 | 1.15761 | 1.15769 | 1.15866 | 1.15663 |
| USDJPY | 159.659 | 159.668 | 159.785 | 159.308 |
| GBPUSD | 1.35341 | 1.35351 | 1.35596 | 1.35191 |
| USDCHF | 0.81252 | 0.81266 | 0.81285 | 0.80947 |
| EURCHF | 0.94059 | 0.94082 | 0.94085 | 0.93756 |
| EURJPY | 184.823 | 184.843 | 184.921 | 184.43 |
| GBPJPY | 216.086 | 216.106 | 216.238 | 215.756 |