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:
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 | 1.13895 | 1.13903 | 1.13951 | 1.13819 |
| USDJPY | 163.798 | 163.807 | 163.887 | 163.729 |
| GBPUSD | 1.32915 | 1.32924 | 1.33018 | 1.32764 |
| USDCHF | 0.81919 | 0.81935 | 0.82011 | 0.81747 |
| EURCHF | 0.93302 | 0.93327 | 0.93343 | 0.93179 |
| EURJPY | 186.557 | 186.582 | 186.709 | 186.451 |
| GBPJPY | 217.713 | 217.736 | 217.886 | 217.481 |