Under Pressure
Our Pivot: 1.3860
Our Preference: Short sell below 1.3830 with strict stop loss of 1.3860 and profit target at 1.3795 with extension towards 1.3765.
Alternate Scenario: Upward penetration of 1.3860 will call for 1.3900.
NOTE: GBP is being capped by a strong horizontal resistant region.
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 | 1.12558 | 1.12566 | 1.12642 | 1.12529 |
| USDJPY | 158.233 | 158.24 | 158.25 | 158.051 |
| GBPUSD | 1.32691 | 1.32701 | 1.3284 | 1.32575 |
| USDCHF | 0.8321 | 0.83227 | 0.83291 | 0.8307 |
| EURCHF | 0.93662 | 0.93686 | 0.93717 | 0.93451 |
| EURJPY | 178.101 | 178.13 | 178.15 | 177.918 |
| GBPJPY | 209.957 | 209.993 | 210.055 | 209.695 |