GBP/USD Intraday High and Low Projection For August 24, 2020

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Today the High Of The Day and Low Of The Day from the Central Bank Dealer Range (CBDR) are usually formed at STDV 2-STDV 4 under normal market conditions, but sometimes they can reach the STDV 5-STDV 6 in case of higher volatility in the market. Here are the levels for today:

STDV 10 - 1.3260.

STDV 9 - 1.3244.

STDV 8 - 1.3228.

STDV 7 - 1.3212.

STDV 6 - 1.3196.

STDV 5 - 1.3180.

STDV 4 - 1.3164.

STDV 3 - 1.3148.

STDV 2 - 1.3132.

STDV 1 - 1.3116.

CBDR - 1.3100.

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CBDR - 1.3084.

STDV 1 - 1.3068.

STDV 2 - 1.3052.

STDV 3 - 1.3036.

STDV 4 - 1.3020.

STDV 5 - 1.3004.

STDV 6 - 1.2988.

STDV 7 - 1.2972.

STDV 8 - 1.2956.

STDV 9 - 1.2940.

STDV 10 - 1.2924.

Pay attention to the level of confluence between today's & yesterday range at 1.3212, 1.3132, 1.3052 & the previous Day High 1.3254 with the Previous Day Low 1.3058. All these levels can be a potential turning point level.

(Disclaimer)

The material has been provided by InstaForex Company - www.instaforex.com