GBPUSD Intra-day Analysis 30th Nov. 2020
Turning Down
Our Pivot: 1.3400
Our Preference: Short sell below 1.3360 with strict stop loss of 1.3400 and profit target at 1.3300 with extension towards 1.3280.
Alternate Scenario: Upward penetration of 1.3400 will call for 1.3425.
NOTE: GBP is being capped by a descending trend line and momentum indicators on hourly chart have turned their direction towards bearish side.
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 | 1.14261 | 1.14269 | 1.1432 | 1.13908 |
| USDJPY | 162.501 | 162.51 | 162.713 | 162.017 |
| GBPUSD | 1.34004 | 1.34015 | 1.33864 | 1.33218 |
| USDCHF | 0.80782 | 0.80798 | 0.81089 | 0.8063 |
| EURCHF | 0.92304 | 0.92326 | 0.92389 | 0.92093 |
| EURJPY | 185.673 | 185.696 | 185.721 | 184.845 |
| GBPJPY | 217.763 | 217.787 | 217.592 | 216.325 |