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:
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 | 1.13822 | 1.13851 | 1.13868 | 1.13739 |
| USDJPY | 157.299 | 157.386 | 157.403 | 157.18 |
| GBPUSD | 1.32339 | 1.32411 | 1.32459 | 1.32179 |
| USDCHF | 0.82745 | 0.82945 | 0.8297 | 0.82759 |
| EURCHF | 0.94194 | 0.94431 | 0.94575 | 0.94058 |
| EURJPY | 179.038 | 179.181 | 179.192 | 178.805 |
| GBPJPY | 208.187 | 208.387 | 208.43 | 207.891 |