GBPUSD Intra-day Analysis 30th Nov. 2020
Turning Down
Our Pivot: 1.3400
Our Preference: Short sell below 1.3360 with strict stop loss of 1.3400 and profit target at 1.3300 with extension towards 1.3280.
Alternate Scenario: Upward penetration of 1.3400 will call for 1.3425.
NOTE: GBP is being capped by a descending trend line and momentum indicators on hourly chart have turned their direction towards bearish side.
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 | 1.05304 | 1.05311 | 1.05552 | 1.05237 |
| USDJPY | 154.431 | 154.442 | 155.498 | 154.403 |
| GBPUSD | 1.26378 | 1.26389 | 1.2665 | 1.26314 |
| USDCHF | 0.88327 | 0.88348 | 0.88522 | 0.882 |
| EURCHF | 0.93014 | 0.93037 | 0.93324 | 0.92982 |
| EURJPY | 162.624 | 162.646 | 163.974 | 162.553 |
| GBPJPY | 195.169 | 195.201 | 196.828 | 195.107 |