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 | 1.14413 | 1.14421 | 1.14956 | 1.14045 |
| USDJPY | 143.624 | 143.633 | 143.977 | 142.529 |
| GBPUSD | 1.358 | 1.35813 | 1.36173 | 1.35397 |
| USDCHF | 0.82003 | 0.82022 | 0.82161 | 0.8171 |
| EURCHF | 0.93827 | 0.93851 | 0.94009 | 0.93317 |
| EURJPY | 164.321 | 164.346 | 164.685 | 162.879 |
| GBPJPY | 195.04 | 195.071 | 195.51 | 193.242 |