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 | 1.15768 | 1.15777 | 1.15866 | 1.15663 |
| USDJPY | 159.652 | 159.66 | 159.785 | 159.308 |
| GBPUSD | 1.35348 | 1.35359 | 1.35596 | 1.35191 |
| USDCHF | 0.81237 | 0.81252 | 0.81285 | 0.80947 |
| EURCHF | 0.94046 | 0.94071 | 0.9408 | 0.93756 |
| EURJPY | 184.826 | 184.85 | 184.921 | 184.43 |
| GBPJPY | 216.09 | 216.114 | 216.238 | 215.756 |