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:
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 | 1.17097 | 1.17105 | 1.17449 | 1.16526 |
| USDJPY | 144.343 | 144.35 | 145.298 | 143.751 |
| GBPUSD | 1.37235 | 1.37245 | 1.37658 | 1.36513 |
| USDCHF | 0.79959 | 0.7998 | 0.80618 | 0.79799 |
| EURCHF | 0.93637 | 0.93659 | 0.94031 | 0.93631 |
| EURJPY | 169.022 | 169.042 | 169.419 | 168.549 |
| GBPJPY | 198.082 | 198.113 | 198.62 | 197.69 |