GBPUSD Intra-day Analysis 8th Dec. 2020
Under Pressure
Our Pivot: 1.3410
Our Preference: Short sell below 1.3365 with strict stop loss of 1.3410 and profit target at 1.3285 with extension towards 1.3250.
Alternate Scenario: Upward penetration of 1.3410 will call for 1.3440.
NOTE: GBP is being capped by descending trend line along with a major horizontal resistant region.
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 | 1.15371 | 1.15381 | 1.15483 | 1.15346 |
| USDJPY | 160.403 | 160.414 | 160.415 | 160.299 |
| GBPUSD | 1.33729 | 1.33741 | 1.33904 | 1.33619 |
| USDCHF | 0.79885 | 0.79905 | 0.79969 | 0.79725 |
| EURCHF | 0.92166 | 0.92193 | 0.92226 | 0.92055 |
| EURJPY | 185.06 | 185.086 | 185.189 | 184.966 |
| GBPJPY | 214.502 | 214.535 | 214.71 | 214.303 |