Under Pressure
Our Pivot: 1.3940
Our Preference: Short sell below 1.3900 with strict stop loss of 1.3940 and profit target at 1.3864 with extension towards 1.3855.
Alternate Scenario: Upward penetration of 1.3940 will call for 1.3975.
NOTE: GBP is being capped by a resistant trend line.
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 | 1.15662 | 1.1567 | 1.16379 | 1.15466 |
| USDJPY | 154.129 | 154.141 | 154.452 | 152.161 |
| GBPUSD | 1.31511 | 1.31524 | 1.32197 | 1.31159 |
| USDCHF | 0.80244 | 0.8026 | 0.8038 | 0.79746 |
| EURCHF | 0.92811 | 0.92835 | 0.9298 | 0.92626 |
| EURJPY | 178.286 | 178.309 | 178.829 | 176.803 |
| GBPJPY | 202.7 | 202.732 | 203.282 | 200.968 |