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:

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Technical Levels

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

Forex Live Prices

TickerBidAskHighLow
EURUSD1.143451.14353 1.14956 1.14045
USDJPY143.788143.799 143.977 142.529
GBPUSD1.358071.35821 1.36173 1.35397
USDCHF0.820640.82079 0.82161 0.8171
EURCHF0.938420.93866 0.94009 0.93317
EURJPY164.415164.437 164.685 162.879
GBPJPY195.28195.31 195.51 193.242


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