GBPUSD Intra-day Analysis 4th Mar. 2021

Under Pressure

Our Pivot: 1.4010

Our Preference: Short Sell below 1.3965 with strict stop loss of 1.4010 and profit target at 1.3900 with extension towards 1.3870.

Alternate Scenario: Upward penetration of 1.4010 will call for 1.4060.

NOTE: GBP is being capped by a descending trend line.

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
EURUSD1.116741.11682 1.12663 1.11758
USDJPY146.818146.827 147.673 145.612
GBPUSD1.325631.32576 1.33608 1.32698
USDCHF0.842490.84267 0.84258 0.83232
EURCHF0.94090.9411 0.94229 0.93733
EURJPY163.957163.98 165.177 163.725
GBPJPY194.63194.653 196.436 194.227


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