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 | 1.13884 | 1.13893 | 1.13951 | 1.13819 |
| USDJPY | 163.807 | 163.817 | 163.887 | 163.729 |
| GBPUSD | 1.32901 | 1.32912 | 1.33018 | 1.32764 |
| USDCHF | 0.81928 | 0.81945 | 0.82011 | 0.81747 |
| EURCHF | 0.93305 | 0.93329 | 0.93343 | 0.93179 |
| EURJPY | 186.551 | 186.576 | 186.709 | 186.451 |
| GBPJPY | 217.703 | 217.727 | 217.886 | 217.481 |