GBPUSD Intra-day Analysis 11th Feb. 2021
Turning Down
Our Pivot: 1.3870
Our Preference: Short sell below 1.3850 with strict stop loss of 1.3870 and profit target at 1.3825 with extension towards 1.3810.
Alternate Scenario: Upward penetration of 1.3870 will call for 1.3910.
NOTE: GBP is being trying to penetrate below an ascending trend line and momentum indicators have changed their direction towards bearish side.
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 | 1.13764 | 1.13773 | 1.13887 | 1.13731 |
| USDJPY | 157.471 | 157.481 | 157.691 | 157.18 |
| GBPUSD | 1.32258 | 1.3227 | 1.32459 | 1.32179 |
| USDCHF | 0.82971 | 0.82988 | 0.83002 | 0.82739 |
| EURCHF | 0.94392 | 0.94418 | 0.9446 | 0.94194 |
| EURJPY | 179.143 | 179.171 | 179.466 | 178.805 |
| GBPJPY | 208.276 | 208.302 | 208.644 | 207.891 |