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 | 1.14382 | 1.1439 | 1.14956 | 1.14045 |
| USDJPY | 143.664 | 143.674 | 143.977 | 142.529 |
| GBPUSD | 1.35782 | 1.35793 | 1.36173 | 1.35397 |
| USDCHF | 0.82022 | 0.82041 | 0.82161 | 0.8171 |
| EURCHF | 0.93827 | 0.93853 | 0.94009 | 0.93317 |
| EURJPY | 164.327 | 164.348 | 164.685 | 162.879 |
| GBPJPY | 195.062 | 195.093 | 195.51 | 193.242 |