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:

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Technical Levels

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

Forex Live Prices

TickerBidAskHighLow
EURUSD1.171631.17233 1.17546 1.16806
USDJPY144.623144.658 144.95 144.173
GBPUSD1.371641.37202 1.37534 1.36826
USDCHF0.798080.79947 0.80191 0.79567
EURCHF0.935020.93696 0.93821 0.93404
EURJPY169.421169.562 169.817 168.621
GBPJPY198.389198.629 198.828 198.009


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