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 | 1.1567 | 1.15679 | 1.16379 | 1.15466 |
| USDJPY | 154.111 | 154.122 | 154.452 | 152.161 |
| GBPUSD | 1.31524 | 1.31533 | 1.32197 | 1.31159 |
| USDCHF | 0.80231 | 0.80246 | 0.8038 | 0.79746 |
| EURCHF | 0.92803 | 0.92827 | 0.9298 | 0.92626 |
| EURJPY | 178.277 | 178.303 | 178.829 | 176.803 |
| GBPJPY | 202.693 | 202.724 | 203.282 | 200.968 |