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 | 1.13885 | 1.13894 | 1.13951 | 1.13819 |
| USDJPY | 163.797 | 163.806 | 163.887 | 163.729 |
| GBPUSD | 1.32905 | 1.32918 | 1.33018 | 1.32764 |
| USDCHF | 0.81927 | 0.81945 | 0.82011 | 0.81747 |
| EURCHF | 0.93304 | 0.93329 | 0.93343 | 0.93179 |
| EURJPY | 186.541 | 186.567 | 186.709 | 186.451 |
| GBPJPY | 217.694 | 217.723 | 217.886 | 217.481 |