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 | 1.13886 | 1.13894 | 1.13951 | 1.13819 |
| USDJPY | 163.803 | 163.811 | 163.887 | 163.729 |
| GBPUSD | 1.32907 | 1.32916 | 1.33018 | 1.32764 |
| USDCHF | 0.81925 | 0.81945 | 0.82011 | 0.81747 |
| EURCHF | 0.93305 | 0.93329 | 0.93343 | 0.93179 |
| EURJPY | 186.549 | 186.57 | 186.709 | 186.451 |
| GBPJPY | 217.706 | 217.726 | 217.886 | 217.481 |