GBPUSD Intra-day Analysis 31st Dec. 2020
Turning Down
Our Pivot: 1.3650
Our Preference: Short sell below 1.3625 with strict stop loss of 1.3650 and profit target at 1.3570 with extension towards 1.3520.
Alternate Scenario: Upward penetration of 1.3650 will call for 1.3695.
NOTE: GBP is being capped by a horizontal resistant region and hourly momentum indicators have lost strength.
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 | 1.14377 | 1.14385 | 1.14956 | 1.14045 |
| USDJPY | 143.631 | 143.64 | 143.977 | 142.529 |
| GBPUSD | 1.35763 | 1.35773 | 1.36173 | 1.35397 |
| USDCHF | 0.8202 | 0.82039 | 0.82161 | 0.8171 |
| EURCHF | 0.93819 | 0.93845 | 0.94009 | 0.93317 |
| EURJPY | 164.28 | 164.305 | 164.685 | 162.879 |
| GBPJPY | 194.995 | 195.019 | 195.51 | 193.242 |