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 | 1.11681 | 1.1169 | 1.12663 | 1.11758 |
| USDJPY | 146.817 | 146.826 | 147.673 | 145.612 |
| GBPUSD | 1.32573 | 1.32589 | 1.33608 | 1.32698 |
| USDCHF | 0.84265 | 0.84284 | 0.84258 | 0.83232 |
| EURCHF | 0.94108 | 0.94131 | 0.94229 | 0.93733 |
| EURJPY | 163.968 | 163.991 | 165.177 | 163.725 |
| GBPJPY | 194.641 | 194.662 | 196.436 | 194.227 |