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 | 1.12558 | 1.12565 | 1.12642 | 1.12529 |
| USDJPY | 158.235 | 158.244 | 158.25 | 158.051 |
| GBPUSD | 1.32692 | 1.32706 | 1.3284 | 1.32575 |
| USDCHF | 0.8321 | 0.83227 | 0.83291 | 0.8307 |
| EURCHF | 0.9366 | 0.93684 | 0.93717 | 0.93451 |
| EURJPY | 178.102 | 178.134 | 178.15 | 177.918 |
| GBPJPY | 209.967 | 209.999 | 210.055 | 209.695 |