GBPUSD Intra-day Analysis 8th Mar. 2021

Under Pressure

Our Pivot: 1.3905

Our Preference: Short Sell below 1.3858 with strict stop loss of 1.3905 and profit target at 1.3775 with extension towards 1.3750.

Alternate Scenario: Upward penetration of 1.3905 will call for 1.3945.

NOTE: GBP have given bearish breakout of its triangle.

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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