GBPUSD Intra-day Analysis 11th Feb. 2021
Turning Down
Our Pivot: 1.3870
Our Preference: Short sell below 1.3850 with strict stop loss of 1.3870 and profit target at 1.3825 with extension towards 1.3810.
Alternate Scenario: Upward penetration of 1.3870 will call for 1.3910.
NOTE: GBP is being trying to penetrate below an ascending trend line and momentum indicators have changed their direction towards bearish side.
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 | 1.17073 | 1.17082 | 1.17449 | 1.16526 |
| USDJPY | 144.362 | 144.373 | 145.298 | 143.751 |
| GBPUSD | 1.37209 | 1.3722 | 1.37658 | 1.36513 |
| USDCHF | 0.80005 | 0.80026 | 0.80618 | 0.79799 |
| EURCHF | 0.93668 | 0.93694 | 0.94031 | 0.93632 |
| EURJPY | 169.008 | 169.031 | 169.419 | 168.549 |
| GBPJPY | 198.076 | 198.107 | 198.62 | 197.69 |