GBPUSD Intra-day Analysis 10th Dec. 2020
Under Pressure
Our Pivot: 1.3400
Our Preference: Short sell below 1.3365 with strict stop loss of 1.3400 and profit target at 1.3315 with extension towards 1.3280.
Alternate Scenario: Upward penetration of 1.3400 will call for 1.3425 and 1.3440.
NOTE: GBP is being capped by a strong resistant region and hourly momentum indicators are in bearish 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 | 1.05152 | 1.0516 | 1.05552 | 1.05133 |
| USDJPY | 154.223 | 154.235 | 155.498 | 154.08 |
| GBPUSD | 1.26282 | 1.2629 | 1.2665 | 1.26226 |
| USDCHF | 0.88374 | 0.88392 | 0.88522 | 0.882 |
| EURCHF | 0.92928 | 0.92952 | 0.93324 | 0.9283 |
| EURJPY | 162.171 | 162.194 | 163.974 | 162.054 |
| GBPJPY | 194.756 | 194.779 | 196.828 | 194.522 |