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 | 1.16313 | 1.16343 | 1.16362 | 1.16256 |
| USDJPY | 159.877 | 159.935 | 159.963 | 159.827 |
| GBPUSD | 1.34577 | 1.34713 | 1.34769 | 1.34546 |
| USDCHF | 0.78624 | 0.78693 | 0.78872 | 0.78585 |
| EURCHF | 0.91515 | 0.91554 | 0.91656 | 0.91474 |
| EURJPY | 185.971 | 186.054 | 186.07 | 185.846 |
| GBPJPY | 215.223 | 215.401 | 215.48 | 215.159 |