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 | 1.16273 | 1.16282 | 1.16362 | 1.16035 |
| USDJPY | 154.575 | 154.586 | 156.29 | 154.052 |
| GBPUSD | 1.35372 | 1.35381 | 1.35456 | 1.3505 |
| USDCHF | 0.80894 | 0.8091 | 0.81107 | 0.80838 |
| EURCHF | 0.94059 | 0.94082 | 0.94184 | 0.93973 |
| EURJPY | 179.73 | 179.751 | 181.483 | 179.211 |
| GBPJPY | 209.252 | 209.277 | 211.25 | 208.629 |