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 | 1.14244 | 1.14252 | 1.1432 | 1.13908 |
| USDJPY | 162.505 | 162.514 | 162.713 | 162.017 |
| GBPUSD | 1.33979 | 1.33992 | 1.33864 | 1.33218 |
| USDCHF | 0.80793 | 0.80807 | 0.81089 | 0.8063 |
| EURCHF | 0.923 | 0.92324 | 0.92389 | 0.92093 |
| EURJPY | 185.649 | 185.675 | 185.724 | 184.845 |
| GBPJPY | 217.723 | 217.753 | 217.592 | 216.325 |