Under Pressure
Our Pivot: 1.3975
Our Preference: Short sell below 1.3940 with strict stop loss of 1.3975 and profit target at 1.3900 with extension towards 1.3875.
Alternate Scenario: Upward penetration of 1.3975 will call for 1.4010.
NOTE: GBP is moving downward for correction of its previous bullish rally.
Chart with supports & resistances:
Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
---|
Ticker | Bid | Ask | High | Low |
---|---|---|---|---|
EURUSD | 1.16979 | 1.16986 | 1.17449 | 1.16526 |
USDJPY | 144.416 | 144.426 | 145.298 | 143.751 |
GBPUSD | 1.37113 | 1.37126 | 1.37658 | 1.36513 |
USDCHF | 0.80082 | 0.80101 | 0.80618 | 0.79799 |
EURCHF | 0.93685 | 0.93705 | 0.94031 | 0.93632 |
EURJPY | 168.935 | 168.958 | 169.419 | 168.549 |
GBPJPY | 198.01 | 198.045 | 198.62 | 197.69 |