GBPUSD Intra-day Analysis 1st Mar. 2021
Under Pressure
Our Pivot: 1.4035
Our Preference: Short Sell below 1.3990 with strict stop loss of 1.4035 and profit target at 1.3945 with extension towards 1.3910.
Alternate Scenario: Upward penetration of 1.4035 will call for 1.4060 and 1.4089.
NOTE: GBP have given bearish breakout of its bullish price channel and right now its being capped by supportive trend line of previous channel.
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 | 1.17889 | 1.17899 | 1.17919 | 1.17804 |
| USDJPY | 154.729 | 154.744 | 154.843 | 154.614 |
| GBPUSD | 1.34949 | 1.34965 | 1.35123 | 1.34847 |
| USDCHF | 0.77247 | 0.77266 | 0.77431 | 0.77131 |
| EURCHF | 0.91064 | 0.91095 | 0.91237 | 0.90899 |
| EURJPY | 182.416 | 182.448 | 182.51 | 182.265 |
| GBPJPY | 208.805 | 208.848 | 209.066 | 208.625 |