GBPUSD Intra-day Analysis 17th Dec. 2020
Turning Down
Our Pivot: 1.3600
Our Preference: Short sell below 1.3575 with strict stop loss of 1.3600 and profit target at 1.3522 with extension towards 1.3494.
Alternate Scenario: Upward penetration of 1.3600 will call for 1.3640.
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 | 1.05426 | 1.05433 | 1.05552 | 1.05237 |
| USDJPY | 154.471 | 154.485 | 155.498 | 154.403 |
| GBPUSD | 1.26438 | 1.26448 | 1.2665 | 1.26314 |
| USDCHF | 0.88317 | 0.88336 | 0.88522 | 0.882 |
| EURCHF | 0.9311 | 0.93134 | 0.93324 | 0.92982 |
| EURJPY | 162.854 | 162.875 | 163.974 | 162.553 |
| GBPJPY | 195.31 | 195.342 | 196.828 | 195.107 |