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:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.160771.16086 1.16251 1.16024
USDJPY159.908159.916 159.936 159.635
GBPUSD1.354541.35463 1.35601 1.35376
USDCHF0.809260.80943 0.81009 0.80656
EURCHF0.939380.93962 0.94006 0.93795
EURJPY185.613185.637 185.709 185.42
GBPJPY216.6216.622 216.632 216.299


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