GBPUSD Intra-day Analysis 5th Mar. 2021
Under Pressure
Our Pivot: 1.3950
Our Preference: Short Sell below 1.3911 with strict stop loss of 1.3950 and profit target at 1.3855 with extension towards 1.3825.
Alternate Scenario: Upward penetration of 1.3955 will call for 1.4010.
NOTE: GBP is being capped by a descending 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 | 1.17107 | 1.17114 | 1.17449 | 1.16526 |
| USDJPY | 144.312 | 144.321 | 145.298 | 143.751 |
| GBPUSD | 1.37252 | 1.37262 | 1.37658 | 1.36513 |
| USDCHF | 0.7992 | 0.7994 | 0.80618 | 0.79799 |
| EURCHF | 0.93597 | 0.93619 | 0.94031 | 0.93592 |
| EURJPY | 168.996 | 169.022 | 169.419 | 168.549 |
| GBPJPY | 198.066 | 198.096 | 198.62 | 197.69 |