GBPUSD Intra-day Analysis 22nd Dec. 2020

Under Pressure

Our Pivot: 1.3470

Our Preference: Short sell below 1.3430 with strict stop loss of 1.3470 and profit target at 1.3345 with extension towards 1.3310.

Alternate Scenario: Upward penetration of 1.3470 will call for 1.3500 and 1.3550.

NOTE: GBP is moving in a bearish price channel.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.053471.05355 1.05552 1.05237
USDJPY154.201154.214 155.498 154.154
GBPUSD1.263231.26332 1.2665 1.26287
USDCHF0.88270.88286 0.88522 0.882
EURCHF0.92990.93015 0.93324 0.92981
EURJPY162.448162.472 163.974 162.37
GBPJPY194.791194.824 196.828 194.691


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