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:
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 | 1.16945 | 1.16954 | 1.17092 | 1.16504 |
| USDJPY | 147.019 | 147.028 | 147.411 | 146.756 |
| GBPUSD | 1.35065 | 1.35078 | 1.35215 | 1.3446 |
| USDCHF | 0.80018 | 0.80036 | 0.80375 | 0.7985 |
| EURCHF | 0.93578 | 0.93604 | 0.93809 | 0.93398 |
| EURJPY | 171.93 | 171.956 | 172.024 | 171.231 |
| GBPJPY | 198.571 | 198.599 | 198.684 | 197.934 |