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 | 1.15689 | 1.15697 | 1.16379 | 1.15466 |
| USDJPY | 154.078 | 154.088 | 154.452 | 152.161 |
| GBPUSD | 1.31552 | 1.31564 | 1.32197 | 1.31159 |
| USDCHF | 0.80228 | 0.80244 | 0.8038 | 0.79746 |
| EURCHF | 0.92815 | 0.9284 | 0.9298 | 0.92626 |
| EURJPY | 178.268 | 178.293 | 178.829 | 176.803 |
| GBPJPY | 202.697 | 202.725 | 203.282 | 200.968 |