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 | 1.13887 | 1.13896 | 1.13951 | 1.13819 |
| USDJPY | 163.799 | 163.81 | 163.887 | 163.729 |
| GBPUSD | 1.32906 | 1.32916 | 1.33018 | 1.32764 |
| USDCHF | 0.8193 | 0.81946 | 0.82011 | 0.81747 |
| EURCHF | 0.93307 | 0.93332 | 0.93343 | 0.93179 |
| EURJPY | 186.545 | 186.571 | 186.709 | 186.451 |
| GBPJPY | 217.698 | 217.725 | 217.886 | 217.481 |