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 | 1.1167 | 1.11678 | 1.12663 | 1.11758 |
| USDJPY | 146.842 | 146.85 | 147.673 | 145.612 |
| GBPUSD | 1.32569 | 1.32585 | 1.33608 | 1.32698 |
| USDCHF | 0.84273 | 0.8429 | 0.84258 | 0.83232 |
| EURCHF | 0.94109 | 0.94133 | 0.94229 | 0.93733 |
| EURJPY | 163.981 | 164.003 | 165.177 | 163.725 |
| GBPJPY | 194.669 | 194.692 | 196.436 | 194.227 |