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 | 1.15392 | 1.154 | 1.15483 | 1.15329 |
| USDJPY | 160.364 | 160.373 | 160.425 | 160.299 |
| GBPUSD | 1.3375 | 1.33761 | 1.33904 | 1.33619 |
| USDCHF | 0.79884 | 0.799 | 0.79969 | 0.79725 |
| EURCHF | 0.92181 | 0.92206 | 0.92226 | 0.92055 |
| EURJPY | 185.05 | 185.075 | 185.189 | 184.965 |
| GBPJPY | 214.486 | 214.521 | 214.71 | 214.303 |