GBPUSD Intra-day Analysis 11th Jan. 2021

Under Pressure

Our Pivot: 1.3540

Our Preference: Short sell below 1.3508 with strict stop loss of 1.3540 and profit target at 1.3465 with extension towards 1.3425.

Alternate Scenario: Upward penetration of 1.3540 will call for 1.3580 and 1.3610.

NOTE: GBP is moving in a bearish price channel on hourly chart and it's being capped by strong horizontal resistant region inside this channel.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.129811.13075 1.13814 1.1274
USDJPY144.953145.01 145.915 143.725
GBPUSD1.326851.32723 1.33316 1.32606
USDCHF0.825870.82731 0.83195 0.82051
EURCHF0.933420.93514 0.93849 0.93109
EURJPY163.791163.937 164.652 163.445
GBPJPY192.229192.388 193.763 191.463


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