GBPUSD Intra-day Analysis 2nd Feb. 2021
Under Pressure
Our Pivot: 1.3725
Our Preference: Short sell below 1.3692 with strict stop loss of 1.3720 and profit target at 1.3650 with extension towards 1.3630.
Alternate Scenario: Upward penetration of 1.3725 will call for 1.3760.
NOTE: GBP have given bearish breakout of its ascending wedge in downward direction on hourly chart.
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 | 1.16293 | 1.16308 | 1.16362 | 1.16256 |
| USDJPY | 159.88 | 159.905 | 159.966 | 159.827 |
| GBPUSD | 1.34654 | 1.34692 | 1.34779 | 1.34542 |
| USDCHF | 0.7868 | 0.78713 | 0.78872 | 0.78585 |
| EURCHF | 0.91521 | 0.91562 | 0.91656 | 0.91474 |
| EURJPY | 185.927 | 185.974 | 186.095 | 185.846 |
| GBPJPY | 215.269 | 215.354 | 215.529 | 215.159 |