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 | 1.13762 | 1.1377 | 1.13887 | 1.13731 |
| USDJPY | 157.47 | 157.478 | 157.691 | 157.18 |
| GBPUSD | 1.32253 | 1.32263 | 1.32459 | 1.32179 |
| USDCHF | 0.82974 | 0.82991 | 0.83002 | 0.82739 |
| EURCHF | 0.94393 | 0.94418 | 0.9446 | 0.94194 |
| EURJPY | 179.139 | 179.166 | 179.466 | 178.805 |
| GBPJPY | 208.258 | 208.292 | 208.644 | 207.891 |