GBPUSD Intra-day Analysis 4th Mar. 2021
Under Pressure
Our Pivot: 1.4010
Our Preference: Short Sell below 1.3965 with strict stop loss of 1.4010 and profit target at 1.3900 with extension towards 1.3870.
Alternate Scenario: Upward penetration of 1.4010 will call for 1.4060.
NOTE: GBP is being capped by a descending trend line.
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 | 1.17882 | 1.17892 | 1.17919 | 1.17804 |
| USDJPY | 154.726 | 154.739 | 154.843 | 154.614 |
| GBPUSD | 1.34942 | 1.34958 | 1.35123 | 1.34847 |
| USDCHF | 0.77249 | 0.77267 | 0.77431 | 0.77131 |
| EURCHF | 0.91062 | 0.91092 | 0.91237 | 0.90899 |
| EURJPY | 182.399 | 182.43 | 182.51 | 182.265 |
| GBPJPY | 208.788 | 208.828 | 209.066 | 208.625 |