GBPUSD Intra-day Analysis 3rd Feb. 2021
Under Pressure
Our Pivot: 1.3710
Our Preference: Short sell below 1.3668 with strict stop loss of 1.3710 and profit target at 1.3622 with extension towards 1.3605.
Alternate Scenario: Upward penetration of 1.3710 will call for 1.3750.
NOTE: GBP have given bearish breakout of its ascending wedge in downward direction on hourly chart and now its heading downward after retesting its trend line.
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 | 1.17003 | 1.17011 | 1.17449 | 1.16526 |
| USDJPY | 144.385 | 144.392 | 145.298 | 143.751 |
| GBPUSD | 1.37117 | 1.37126 | 1.37658 | 1.36513 |
| USDCHF | 0.8008 | 0.80101 | 0.80618 | 0.79799 |
| EURCHF | 0.93702 | 0.93724 | 0.94031 | 0.93632 |
| EURJPY | 168.934 | 168.955 | 169.419 | 168.549 |
| GBPJPY | 197.976 | 198.001 | 198.62 | 197.69 |