GBPUSD Intra-day Analysis 4th Feb. 2021

Under Pressure

Our Pivot: 1.3645

Our Preference: Short sell below 1.3610 with strict stop loss of 1.3645 and profit target at 1.3573 with extension towards 1.3540.

Alternate Scenario: Upward penetration of 1.3645 will call for 1.3685.

NOTE: GBP is being capped by a resistant trend line.

Chart with supports & resistances:

Level	1st	2nd	3rd
Supports	0.00	0.00	0.00
Resistances	0.00	0.00	0.00

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