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 | 1.15375 | 1.15385 | 1.15483 | 1.15346 |
| USDJPY | 160.402 | 160.413 | 160.415 | 160.299 |
| GBPUSD | 1.33727 | 1.33742 | 1.33904 | 1.33619 |
| USDCHF | 0.79877 | 0.79894 | 0.79969 | 0.79725 |
| EURCHF | 0.92159 | 0.92184 | 0.92226 | 0.92055 |
| EURJPY | 185.063 | 185.09 | 185.189 | 184.966 |
| GBPJPY | 214.505 | 214.537 | 214.71 | 214.303 |