GBPUSD Intra-day Analysis 18th Feb. 2021
Under Pressure
Our Pivot: 1.3900
Our Preference: Short sell below 1.3864 with strict stop loss of 1.3900 and profit target at 1.3810 with extension towards 1.3780.
Alternate Scenario: Upward penetration of 1.3900 will call for 1.3945.
NOTE: GBP have given bearish breakout of its ascending wedge on hourly chart and now its heading towards next horizontal supportive region at 1.3780.
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 | 1.17028 | 1.17036 | 1.17449 | 1.16526 |
| USDJPY | 144.371 | 144.382 | 145.298 | 143.751 |
| GBPUSD | 1.37134 | 1.37145 | 1.37658 | 1.36513 |
| USDCHF | 0.80041 | 0.80059 | 0.80618 | 0.79799 |
| EURCHF | 0.9367 | 0.93695 | 0.94031 | 0.93632 |
| EURJPY | 168.956 | 168.977 | 169.419 | 168.549 |
| GBPJPY | 197.982 | 198.011 | 198.62 | 197.69 |