GBPUSD Intra-day Analysis 1st Mar. 2021
Under Pressure
Our Pivot: 1.4035
Our Preference: Short Sell below 1.3990 with strict stop loss of 1.4035 and profit target at 1.3945 with extension towards 1.3910.
Alternate Scenario: Upward penetration of 1.4035 will call for 1.4060 and 1.4089.
NOTE: GBP have given bearish breakout of its bullish price channel and right now its being capped by supportive trend line of previous 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 | 1.12558 | 1.12566 | 1.12642 | 1.12529 |
| USDJPY | 158.237 | 158.247 | 158.25 | 158.051 |
| GBPUSD | 1.32692 | 1.32705 | 1.3284 | 1.32575 |
| USDCHF | 0.83209 | 0.83227 | 0.83291 | 0.8307 |
| EURCHF | 0.9366 | 0.93686 | 0.93717 | 0.93451 |
| EURJPY | 178.107 | 178.136 | 178.15 | 177.918 |
| GBPJPY | 209.965 | 210.001 | 210.055 | 209.695 |