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 | 1.16278 | 1.16287 | 1.16362 | 1.16035 |
| USDJPY | 154.544 | 154.557 | 156.29 | 154.052 |
| GBPUSD | 1.35377 | 1.35386 | 1.35456 | 1.3505 |
| USDCHF | 0.80885 | 0.809 | 0.81107 | 0.80838 |
| EURCHF | 0.94054 | 0.94076 | 0.94184 | 0.93973 |
| EURJPY | 179.698 | 179.724 | 181.483 | 179.211 |
| GBPJPY | 209.219 | 209.245 | 211.25 | 208.629 |