GBPUSD Intra-day Analysis 31st Dec. 2020
Turning Down
Our Pivot: 1.3650
Our Preference: Short sell below 1.3625 with strict stop loss of 1.3650 and profit target at 1.3570 with extension towards 1.3520.
Alternate Scenario: Upward penetration of 1.3650 will call for 1.3695.
NOTE: GBP is being capped by a horizontal resistant region and hourly momentum indicators have lost strength.
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 | 1.05322 | 1.05329 | 1.05552 | 1.05237 |
| USDJPY | 154.528 | 154.54 | 155.498 | 154.403 |
| GBPUSD | 1.26393 | 1.26404 | 1.2665 | 1.26314 |
| USDCHF | 0.8834 | 0.88361 | 0.88522 | 0.882 |
| EURCHF | 0.93044 | 0.93069 | 0.93324 | 0.92982 |
| EURJPY | 162.751 | 162.775 | 163.974 | 162.553 |
| GBPJPY | 195.311 | 195.345 | 196.828 | 195.107 |