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:
Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
---|
Ticker | Bid | Ask | High | Low |
---|---|---|---|---|
EURUSD | 1.17163 | 1.17233 | 1.17546 | 1.16806 |
USDJPY | 144.623 | 144.658 | 144.95 | 144.173 |
GBPUSD | 1.37164 | 1.37202 | 1.37534 | 1.36826 |
USDCHF | 0.79808 | 0.79947 | 0.80191 | 0.79567 |
EURCHF | 0.93502 | 0.93696 | 0.93821 | 0.93404 |
EURJPY | 169.421 | 169.562 | 169.817 | 168.621 |
GBPJPY | 198.389 | 198.629 | 198.828 | 198.009 |