GBPUSD Intra-day Analysis 18th Feb. 2021
Under Pressure
Our Pivot: 1.3900
Our Preference: Short sell below 1.3864 with strict stop loss of 1.3900 and profit target at 1.3810 with extension towards 1.3780.
Alternate Scenario: Upward penetration of 1.3900 will call for 1.3945.
NOTE: GBP have given bearish breakout of its ascending wedge on hourly chart and now its heading towards next horizontal supportive region at 1.3780.
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 | 1.16079 | 1.16087 | 1.16251 | 1.16024 |
| USDJPY | 159.915 | 159.922 | 159.936 | 159.635 |
| GBPUSD | 1.35455 | 1.35465 | 1.35601 | 1.35376 |
| USDCHF | 0.80917 | 0.80937 | 0.81009 | 0.80656 |
| EURCHF | 0.93932 | 0.93956 | 0.94006 | 0.93795 |
| EURJPY | 185.624 | 185.646 | 185.709 | 185.42 |
| GBPJPY | 216.613 | 216.634 | 216.637 | 216.299 |