GBPUSD Intra-day Analysis 18th Dec. 2020
Turning Down
Our Pivot: 1.3587
Our Preference: Short sell below 1.3545 with strict stop loss of 1.3587 and profit target at 1.3485 with extension towards 1.3460.
Alternate Scenario: Upward penetration of 1.3587 will call for 1.3630.
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 | 1.04284 | 1.04293 | 1.04348 | 1.04242 |
| USDJPY | 155.526 | 155.547 | 155.611 | 155.469 |
| GBPUSD | 1.24387 | 1.24413 | 1.24507 | 1.24338 |
| USDCHF | 0.90407 | 0.90431 | 0.90519 | 0.90316 |
| EURCHF | 0.94277 | 0.94316 | 0.94419 | 0.94199 |
| EURJPY | 162.181 | 162.223 | 162.362 | 162.143 |
| GBPJPY | 193.451 | 193.521 | 193.649 | 193.379 |