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 | 1.14417 | 1.14425 | 1.14956 | 1.14045 |
| USDJPY | 143.623 | 143.633 | 143.977 | 142.529 |
| GBPUSD | 1.35801 | 1.35812 | 1.36173 | 1.35397 |
| USDCHF | 0.82 | 0.82018 | 0.82161 | 0.8171 |
| EURCHF | 0.93828 | 0.9385 | 0.94009 | 0.93317 |
| EURJPY | 164.326 | 164.35 | 164.685 | 162.879 |
| GBPJPY | 195.046 | 195.074 | 195.51 | 193.242 |