GBPUSD Intra-day Analysis 11th Feb. 2021
Turning Down
Our Pivot: 1.3870
Our Preference: Short sell below 1.3850 with strict stop loss of 1.3870 and profit target at 1.3825 with extension towards 1.3810.
Alternate Scenario: Upward penetration of 1.3870 will call for 1.3910.
NOTE: GBP is being trying to penetrate below an ascending trend line and momentum indicators have changed their direction towards bearish side.
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 | 1.16286 | 1.16297 | 1.16362 | 1.16256 |
| USDJPY | 159.912 | 159.929 | 159.966 | 159.827 |
| GBPUSD | 1.34653 | 1.34676 | 1.34779 | 1.34542 |
| USDCHF | 0.78694 | 0.78716 | 0.78872 | 0.78585 |
| EURCHF | 0.91518 | 0.91553 | 0.91656 | 0.91474 |
| EURJPY | 185.96 | 185.994 | 186.095 | 185.846 |
| GBPJPY | 215.325 | 215.379 | 215.529 | 215.159 |