GBPUSD Intra-day Analysis 17th Dec. 2020
Turning Down
Our Pivot: 1.3600
Our Preference: Short sell below 1.3575 with strict stop loss of 1.3600 and profit target at 1.3522 with extension towards 1.3494.
Alternate Scenario: Upward penetration of 1.3600 will call for 1.3640.
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 | 1.17032 | 1.1704 | 1.17449 | 1.16526 |
| USDJPY | 144.401 | 144.408 | 145.298 | 143.751 |
| GBPUSD | 1.37145 | 1.37154 | 1.37658 | 1.36513 |
| USDCHF | 0.80048 | 0.80065 | 0.80618 | 0.79799 |
| EURCHF | 0.93684 | 0.93709 | 0.94031 | 0.93632 |
| EURJPY | 168.993 | 169.016 | 169.419 | 168.549 |
| GBPJPY | 198.035 | 198.061 | 198.62 | 197.69 |