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 | 1.11669 | 1.11676 | 1.12663 | 1.11758 |
| USDJPY | 146.849 | 146.858 | 147.673 | 145.612 |
| GBPUSD | 1.32573 | 1.32589 | 1.33608 | 1.32698 |
| USDCHF | 0.84269 | 0.84287 | 0.84258 | 0.83232 |
| EURCHF | 0.94104 | 0.94129 | 0.94229 | 0.93733 |
| EURJPY | 163.98 | 164.008 | 165.177 | 163.725 |
| GBPJPY | 194.682 | 194.724 | 196.436 | 194.227 |