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 | 1.16308 | 1.16315 | 1.16558 | 1.16131 |
| USDJPY | 159.934 | 159.943 | 159.951 | 159.566 |
| GBPUSD | 1.3467 | 1.34683 | 1.34823 | 1.34456 |
| USDCHF | 0.78706 | 0.78721 | 0.78851 | 0.78434 |
| EURCHF | 0.91541 | 0.91566 | 0.91625 | 0.91381 |
| EURJPY | 186.01 | 186.045 | 186.219 | 185.577 |
| GBPJPY | 215.375 | 215.408 | 215.542 | 214.636 |