GBPUSD Intra-day Analysis 10th Dec. 2020
Under Pressure
Our Pivot: 1.3400
Our Preference: Short sell below 1.3365 with strict stop loss of 1.3400 and profit target at 1.3315 with extension towards 1.3280.
Alternate Scenario: Upward penetration of 1.3400 will call for 1.3425 and 1.3440.
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 | 1.17009 | 1.17018 | 1.17449 | 1.16526 |
| USDJPY | 144.406 | 144.416 | 145.298 | 143.751 |
| GBPUSD | 1.37127 | 1.37138 | 1.37658 | 1.36513 |
| USDCHF | 0.80061 | 0.80079 | 0.80618 | 0.79799 |
| EURCHF | 0.9368 | 0.93704 | 0.94031 | 0.93632 |
| EURJPY | 168.969 | 168.992 | 169.419 | 168.549 |
| GBPJPY | 198.025 | 198.049 | 198.62 | 197.69 |