GBPUSD Intra-day Analysis 3rd May 2021

Under Pressure

Our Pivot: 1.3860

Our Preference: Short sell below 1.3830 with strict stop loss of 1.3860 and profit target at 1.3795 with extension towards 1.3765.

Alternate Scenario: Upward penetration of 1.3860 will call for 1.3900.

NOTE: GBP is being capped by a strong horizontal resistant region.

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
EURUSD1.144181.14425 1.14956 1.14045
USDJPY143.667143.676 143.977 142.529
GBPUSD1.35821.35834 1.36173 1.35397
USDCHF0.820080.82028 0.82161 0.8171
EURCHF0.93840.93863 0.94009 0.93317
EURJPY164.377164.402 164.685 162.879
GBPJPY195.122195.156 195.51 193.242


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