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:

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

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