GBPUSD Intra-day Analysis 2nd Feb. 2021

Under Pressure

Our Pivot: 1.3725

Our Preference: Short sell below 1.3692 with strict stop loss of 1.3720 and profit target at 1.3650 with extension towards 1.3630.

Alternate Scenario: Upward penetration of 1.3725 will call for 1.3760.

NOTE: GBP have given bearish breakout of its ascending wedge in downward direction on hourly chart.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.110081.11018 1.11068 1.10819
USDJPY148.117148.126 148.492 148.033
GBPUSD1.317781.3179 1.31869 1.31645
USDCHF0.844190.84437 0.84695 0.84363
EURCHF0.937140.93738 0.9392 0.93601
EURJPY164.425164.448 164.712 164.397
GBPJPY195.191195.213 195.772 195.139


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