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 | 1.13886 | 1.13895 | 1.13951 | 1.13819 |
| USDJPY | 163.796 | 163.806 | 163.887 | 163.729 |
| GBPUSD | 1.32906 | 1.32916 | 1.33018 | 1.32764 |
| USDCHF | 0.81922 | 0.81942 | 0.82011 | 0.81747 |
| EURCHF | 0.93302 | 0.93326 | 0.93343 | 0.93179 |
| EURJPY | 186.545 | 186.569 | 186.709 | 186.451 |
| GBPJPY | 217.699 | 217.722 | 217.886 | 217.481 |