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 | 1.13894 | 1.13904 | 1.13951 | 1.13819 |
| USDJPY | 163.801 | 163.81 | 163.887 | 163.729 |
| GBPUSD | 1.32911 | 1.32922 | 1.33018 | 1.32764 |
| USDCHF | 0.8192 | 0.81936 | 0.82011 | 0.81747 |
| EURCHF | 0.93302 | 0.93327 | 0.93343 | 0.93179 |
| EURJPY | 186.561 | 186.585 | 186.709 | 186.451 |
| GBPJPY | 217.711 | 217.733 | 217.886 | 217.481 |