GBPUSD Intra-day Analysis 1st Mar. 2021
Under Pressure
Our Pivot: 1.4035
Our Preference: Short Sell below 1.3990 with strict stop loss of 1.4035 and profit target at 1.3945 with extension towards 1.3910.
Alternate Scenario: Upward penetration of 1.4035 will call for 1.4060 and 1.4089.
NOTE: GBP have given bearish breakout of its bullish price channel and right now its being capped by supportive trend line of previous 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 | 1.13813 | 1.13823 | 1.13952 | 1.13133 |
| USDJPY | 142.465 | 142.473 | 143.515 | 142.303 |
| GBPUSD | 1.33048 | 1.33061 | 1.33216 | 1.32428 |
| USDCHF | 0.82517 | 0.82537 | 0.83191 | 0.82385 |
| EURCHF | 0.93917 | 0.93941 | 0.94184 | 0.9384 |
| EURJPY | 162.142 | 162.166 | 162.455 | 161.829 |
| GBPJPY | 189.541 | 189.574 | 190.238 | 189.296 |