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 | 1.15768 | 1.15776 | 1.15866 | 1.15663 |
| USDJPY | 159.653 | 159.661 | 159.785 | 159.308 |
| GBPUSD | 1.3535 | 1.3536 | 1.35596 | 1.35191 |
| USDCHF | 0.81241 | 0.81256 | 0.81285 | 0.80947 |
| EURCHF | 0.94052 | 0.94076 | 0.9408 | 0.93756 |
| EURJPY | 184.825 | 184.85 | 184.921 | 184.43 |
| GBPJPY | 216.093 | 216.12 | 216.238 | 215.756 |