GBPUSD Intra-day Analysis 12th Feb. 2021
Under Pressure
Our Pivot: 1.3830
Our Preference: Short sell below 1.3800 with strict stop loss of 1.3830 and profit target at 1.3760 with extension towards 1.3740.
Alternate Scenario: Upward penetration of 1.3830 will call for 1.3870.
NOTE: GBP is being capped by a descending trend line after bearish breakout of its bullish price channel.
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 | 1.15389 | 1.15396 | 1.15483 | 1.15329 |
| USDJPY | 160.37 | 160.38 | 160.425 | 160.299 |
| GBPUSD | 1.33745 | 1.33757 | 1.33904 | 1.33619 |
| USDCHF | 0.79885 | 0.79904 | 0.79969 | 0.79725 |
| EURCHF | 0.9218 | 0.92204 | 0.92226 | 0.92055 |
| EURJPY | 185.048 | 185.075 | 185.189 | 184.965 |
| GBPJPY | 214.486 | 214.519 | 214.71 | 214.303 |