GBPUSD Intra-day Analysis 12th Feb. 2021
Under Pressure
Our Pivot: 1.3830
Our Preference: Short sell below 1.3800 with strict stop loss of 1.3830 and profit target at 1.3760 with extension towards 1.3740.
Alternate Scenario: Upward penetration of 1.3830 will call for 1.3870.
NOTE: GBP is being capped by a descending trend line after bearish breakout of its bullish price channel.
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 | 1.17093 | 1.17102 | 1.17449 | 1.16526 |
| USDJPY | 144.361 | 144.37 | 145.298 | 143.751 |
| GBPUSD | 1.37235 | 1.37246 | 1.37658 | 1.36513 |
| USDCHF | 0.79967 | 0.79987 | 0.80618 | 0.79799 |
| EURCHF | 0.93636 | 0.93664 | 0.94031 | 0.93632 |
| EURJPY | 169.036 | 169.058 | 169.419 | 168.549 |
| GBPJPY | 198.11 | 198.138 | 198.62 | 197.69 |