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 | 1.11681 | 1.1169 | 1.12663 | 1.11758 |
| USDJPY | 146.817 | 146.826 | 147.673 | 145.612 |
| GBPUSD | 1.32573 | 1.32589 | 1.33608 | 1.32698 |
| USDCHF | 0.84265 | 0.84284 | 0.84258 | 0.83232 |
| EURCHF | 0.94108 | 0.94131 | 0.94229 | 0.93733 |
| EURJPY | 163.968 | 163.991 | 165.177 | 163.725 |
| GBPJPY | 194.641 | 194.662 | 196.436 | 194.227 |