GBPUSD Intra-day Analysis 8th Dec. 2020

Under Pressure

Our Pivot: 1.3410

Our Preference: Short sell below 1.3365 with strict stop loss of 1.3410 and profit target at 1.3285 with extension towards 1.3250.

Alternate Scenario: Upward penetration of 1.3410 will call for 1.3440.

NOTE: GBP is being capped by descending trend line along with a major horizontal resistant region.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.144041.14412 1.14956 1.14045
USDJPY143.699143.707 143.977 142.529
GBPUSD1.358461.35858 1.36173 1.35397
USDCHF0.820030.8202 0.82161 0.8171
EURCHF0.938220.93846 0.94009 0.93317
EURJPY164.394164.419 164.685 162.879
GBPJPY195.205195.233 195.51 193.242


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