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 | 1.17772 | 1.17853 | 1.18855 | 1.18467 |
| USDJPY | 155.024 | 155.118 | 153.673 | 152.518 |
| GBPUSD | 1.34706 | 1.34869 | 1.36677 | 1.35899 |
| USDCHF | 0.77485 | 0.77698 | 0.77196 | 0.76681 |
| EURCHF | 0.91311 | 0.91512 | 0.91485 | 0.91 |
| EURJPY | 182.657 | 182.752 | 182.3 | 181.082 |
| GBPJPY | 208.914 | 209.145 | 209.354 | 207.867 |