GBPUSD Intra-day Analysis 12th Feb. 2021
Under Pressure
Our Pivot: 1.3830
Our Preference: Short sell below 1.3800 with strict stop loss of 1.3830 and profit target at 1.3760 with extension towards 1.3740.
Alternate Scenario: Upward penetration of 1.3830 will call for 1.3870.
NOTE: GBP is being capped by a descending trend line after bearish breakout of its bullish price channel.
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 | 1.1569 | 1.16379 | 1.15466 |
| USDJPY | 154.094 | 154.105 | 154.452 | 152.161 |
| GBPUSD | 1.31538 | 1.3155 | 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 | 178.298 | 178.829 | 176.803 |
| GBPJPY | 202.692 | 202.728 | 203.282 | 200.968 |