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 | 1.12561 | 1.1257 | 1.12642 | 1.12529 |
| USDJPY | 158.221 | 158.232 | 158.25 | 158.051 |
| GBPUSD | 1.32694 | 1.32706 | 1.3284 | 1.32575 |
| USDCHF | 0.83211 | 0.83226 | 0.83291 | 0.8307 |
| EURCHF | 0.93664 | 0.93687 | 0.93717 | 0.93451 |
| EURJPY | 178.096 | 178.123 | 178.15 | 177.918 |
| GBPJPY | 209.951 | 209.978 | 210.055 | 209.695 |