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
EURUSD1.163081.16315 1.16558 1.16131
USDJPY159.934159.943 159.951 159.566
GBPUSD1.34671.34683 1.34823 1.34456
USDCHF0.787060.78721 0.78851 0.78434
EURCHF0.915410.91566 0.91625 0.91381
EURJPY186.01186.045 186.219 185.577
GBPJPY215.375215.408 215.542 214.636


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