Under Pressure
Our Pivot: 1.3975
Our Preference: Short sell below 1.3940 with strict stop loss of 1.3975 and profit target at 1.3900 with extension towards 1.3875.
Alternate Scenario: Upward penetration of 1.3975 will call for 1.4010.
NOTE: GBP is moving downward for correction of its previous bullish rally.
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 | 1.15666 | 1.15674 | 1.16379 | 1.15466 |
| USDJPY | 154.127 | 154.136 | 154.452 | 152.161 |
| GBPUSD | 1.31522 | 1.31534 | 1.32197 | 1.31159 |
| USDCHF | 0.8024 | 0.80254 | 0.8038 | 0.79746 |
| EURCHF | 0.92809 | 0.92834 | 0.9298 | 0.92626 |
| EURJPY | 178.284 | 178.309 | 178.829 | 176.803 |
| GBPJPY | 202.709 | 202.742 | 203.282 | 200.968 |