GBPUSD Intra-day Analysis 9th Dec. 2020
Further Advance
Our Pivot: 1.3310
Our Preference: Buy above 1.3365 with strict stop loss of 1.3310 and profit target at 1.3420 with extension towards 1.3440.
Alternate Scenario: Downward penetration of 1.3310 will call for 1.3280 and 1.3265.
NOTE: GBP is bouncing back after getting support from a strong horizontal supportive region and now momentum indicators are in bullish mode.
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 | 1.14432 | 1.1444 | 1.14956 | 1.14045 |
| USDJPY | 143.626 | 143.635 | 143.977 | 142.529 |
| GBPUSD | 1.3582 | 1.35834 | 1.36173 | 1.35397 |
| USDCHF | 0.81995 | 0.82011 | 0.82161 | 0.8171 |
| EURCHF | 0.93834 | 0.93858 | 0.94009 | 0.93317 |
| EURJPY | 164.352 | 164.376 | 164.685 | 162.879 |
| GBPJPY | 195.071 | 195.104 | 195.51 | 193.242 |