GBPUSD Intra-day Analysis 2nd Feb. 2021
Under Pressure
Our Pivot: 1.3725
Our Preference: Short sell below 1.3692 with strict stop loss of 1.3720 and profit target at 1.3650 with extension towards 1.3630.
Alternate Scenario: Upward penetration of 1.3725 will call for 1.3760.
NOTE: GBP have given bearish breakout of its ascending wedge in downward direction on hourly chart.
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 | 1.16992 | 1.17 | 1.17449 | 1.16526 |
| USDJPY | 144.447 | 144.456 | 145.298 | 143.751 |
| GBPUSD | 1.37109 | 1.37122 | 1.37658 | 1.36513 |
| USDCHF | 0.80082 | 0.80098 | 0.80618 | 0.79799 |
| EURCHF | 0.9369 | 0.93715 | 0.94031 | 0.93632 |
| EURJPY | 168.989 | 169.012 | 169.419 | 168.549 |
| GBPJPY | 198.048 | 198.079 | 198.62 | 197.69 |