GBPUSD Intra-day Analysis 9th Dec. 2020
Further Advance
Our Pivot: 1.3310
Our Preference: Buy above 1.3365 with strict stop loss of 1.3310 and profit target at 1.3420 with extension towards 1.3440.
Alternate Scenario: Downward penetration of 1.3310 will call for 1.3280 and 1.3265.
NOTE: GBP is bouncing back after getting support from a strong horizontal supportive region and now momentum indicators are in bullish 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 | 1.05404 | 1.05412 | 1.05552 | 1.05237 |
| USDJPY | 154.462 | 154.476 | 155.498 | 154.403 |
| GBPUSD | 1.26427 | 1.26437 | 1.2665 | 1.26314 |
| USDCHF | 0.88334 | 0.88354 | 0.88522 | 0.882 |
| EURCHF | 0.93111 | 0.93132 | 0.93324 | 0.92982 |
| EURJPY | 162.811 | 162.834 | 163.974 | 162.553 |
| GBPJPY | 195.284 | 195.315 | 196.828 | 195.107 |