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:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.144021.1441 1.14956 1.14045
USDJPY143.708143.716 143.977 142.529
GBPUSD1.35841.35855 1.36173 1.35397
USDCHF0.820080.8203 0.82161 0.8171
EURCHF0.938280.93852 0.94009 0.93317
EURJPY164.402164.42 164.685 162.879
GBPJPY195.214195.241 195.51 193.242


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