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:
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 | 1.14412 | 1.14419 | 1.14956 | 1.14045 |
| USDJPY | 143.69 | 143.699 | 143.977 | 142.529 |
| GBPUSD | 1.35865 | 1.35876 | 1.36173 | 1.35397 |
| USDCHF | 0.82 | 0.82015 | 0.82161 | 0.8171 |
| EURCHF | 0.93824 | 0.93847 | 0.94009 | 0.93317 |
| EURJPY | 164.395 | 164.414 | 164.685 | 162.879 |
| GBPJPY | 195.224 | 195.252 | 195.51 | 193.242 |