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 | 1.16278 | 1.16287 | 1.16362 | 1.16035 |
| USDJPY | 154.544 | 154.557 | 156.29 | 154.052 |
| GBPUSD | 1.35376 | 1.35387 | 1.35456 | 1.3505 |
| USDCHF | 0.80885 | 0.809 | 0.81107 | 0.80838 |
| EURCHF | 0.94054 | 0.94076 | 0.94184 | 0.93973 |
| EURJPY | 179.699 | 179.726 | 181.483 | 179.211 |
| GBPJPY | 209.219 | 209.245 | 211.25 | 208.629 |