GBPUSD Intra-day Analysis 18th Feb. 2021
Under Pressure
Our Pivot: 1.3900
Our Preference: Short sell below 1.3864 with strict stop loss of 1.3900 and profit target at 1.3810 with extension towards 1.3780.
Alternate Scenario: Upward penetration of 1.3900 will call for 1.3945.
NOTE: GBP have given bearish breakout of its ascending wedge on hourly chart and now its heading towards next horizontal supportive region at 1.3780.
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 | 1.14402 | 1.1441 | 1.14956 | 1.14045 |
| USDJPY | 143.708 | 143.716 | 143.977 | 142.529 |
| GBPUSD | 1.3584 | 1.35855 | 1.36173 | 1.35397 |
| USDCHF | 0.82008 | 0.8203 | 0.82161 | 0.8171 |
| EURCHF | 0.93828 | 0.93852 | 0.94009 | 0.93317 |
| EURJPY | 164.402 | 164.42 | 164.685 | 162.879 |
| GBPJPY | 195.214 | 195.241 | 195.51 | 193.242 |