GBPUSD Intra-day Analysis 11th Feb. 2021
Turning Down
Our Pivot: 1.3870
Our Preference: Short sell below 1.3850 with strict stop loss of 1.3870 and profit target at 1.3825 with extension towards 1.3810.
Alternate Scenario: Upward penetration of 1.3870 will call for 1.3910.
NOTE: GBP is being trying to penetrate below an ascending trend line and momentum indicators have changed their direction towards bearish side.
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 | 1.15682 | 1.15691 | 1.16379 | 1.15466 |
| USDJPY | 154.093 | 154.102 | 154.452 | 152.161 |
| GBPUSD | 1.31539 | 1.31551 | 1.32197 | 1.31159 |
| USDCHF | 0.80232 | 0.80248 | 0.8038 | 0.79746 |
| EURCHF | 0.92815 | 0.92839 | 0.9298 | 0.92626 |
| EURJPY | 178.275 | 178.297 | 178.829 | 176.803 |
| GBPJPY | 202.697 | 202.73 | 203.282 | 200.968 |