GBPUSD Intra-day Analysis 31st Dec. 2020
Turning Down
Our Pivot: 1.3650
Our Preference: Short sell below 1.3625 with strict stop loss of 1.3650 and profit target at 1.3570 with extension towards 1.3520.
Alternate Scenario: Upward penetration of 1.3650 will call for 1.3695.
NOTE: GBP is being capped by a horizontal resistant region and hourly momentum indicators have lost strength.
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 | 1.17098 | 1.17106 | 1.17449 | 1.16526 |
| USDJPY | 144.35 | 144.358 | 145.298 | 143.751 |
| GBPUSD | 1.37243 | 1.37255 | 1.37658 | 1.36513 |
| USDCHF | 0.79931 | 0.7995 | 0.80618 | 0.79799 |
| EURCHF | 0.936 | 0.93624 | 0.94031 | 0.93592 |
| EURJPY | 169.029 | 169.05 | 169.419 | 168.549 |
| GBPJPY | 198.114 | 198.144 | 198.62 | 197.69 |