GBPUSD Intra-day Analysis 3rd May 2021
Under Pressure
Our Pivot: 1.3860
Our Preference: Short sell below 1.3830 with strict stop loss of 1.3860 and profit target at 1.3795 with extension towards 1.3765.
Alternate Scenario: Upward penetration of 1.3860 will call for 1.3900.
NOTE: GBP is being capped by a strong horizontal resistant region.
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 | 1.1631 | 1.16344 | 1.16558 | 1.16131 |
| USDJPY | 159.886 | 159.939 | 159.951 | 159.566 |
| GBPUSD | 1.34579 | 1.34711 | 1.34823 | 1.34456 |
| USDCHF | 0.78608 | 0.78707 | 0.78851 | 0.78434 |
| EURCHF | 0.91517 | 0.9157 | 0.91625 | 0.91381 |
| EURJPY | 185.979 | 186.058 | 186.219 | 185.577 |
| GBPJPY | 215.228 | 215.407 | 215.542 | 214.636 |