GBPUSD Intra-day Analysis 3rd Feb. 2021
Under Pressure
Our Pivot: 1.3710
Our Preference: Short sell below 1.3668 with strict stop loss of 1.3710 and profit target at 1.3622 with extension towards 1.3605.
Alternate Scenario: Upward penetration of 1.3710 will call for 1.3750.
NOTE: GBP have given bearish breakout of its ascending wedge in downward direction on hourly chart and now its heading downward after retesting its trend line.
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 | 1.14345 | 1.14353 | 1.14956 | 1.14045 |
| USDJPY | 143.788 | 143.799 | 143.977 | 142.529 |
| GBPUSD | 1.35807 | 1.35821 | 1.36173 | 1.35397 |
| USDCHF | 0.82064 | 0.82079 | 0.82161 | 0.8171 |
| EURCHF | 0.93842 | 0.93866 | 0.94009 | 0.93317 |
| EURJPY | 164.415 | 164.437 | 164.685 | 162.879 |
| GBPJPY | 195.28 | 195.31 | 195.51 | 193.242 |