GBPUSD Intra-day Analysis 9th Dec. 2020
Further Advance
Our Pivot: 1.3310
Our Preference: Buy above 1.3365 with strict stop loss of 1.3310 and profit target at 1.3420 with extension towards 1.3440.
Alternate Scenario: Downward penetration of 1.3310 will call for 1.3280 and 1.3265.
NOTE: GBP is bouncing back after getting support from a strong horizontal supportive region and now momentum indicators are in bullish mode.
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 | 1.15361 | 1.15371 | 1.15483 | 1.15346 |
| USDJPY | 160.401 | 160.412 | 160.412 | 160.299 |
| GBPUSD | 1.33716 | 1.33729 | 1.33904 | 1.33619 |
| USDCHF | 0.79891 | 0.7991 | 0.79969 | 0.79725 |
| EURCHF | 0.92165 | 0.92192 | 0.92226 | 0.92055 |
| EURJPY | 185.043 | 185.07 | 185.189 | 184.966 |
| GBPJPY | 214.484 | 214.516 | 214.71 | 214.303 |