Under Pressure
Our Pivot: 1.3975
Our Preference: Short sell below 1.3940 with strict stop loss of 1.3975 and profit target at 1.3900 with extension towards 1.3875.
Alternate Scenario: Upward penetration of 1.3975 will call for 1.4010.
NOTE: GBP is moving downward for correction of its previous bullish rally.
Chart with supports & resistances:

| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| EURUSD | 1.13765 | 1.13772 | 1.13887 | 1.13731 |
| USDJPY | 157.466 | 157.475 | 157.691 | 157.18 |
| GBPUSD | 1.32258 | 1.32269 | 1.32459 | 1.32179 |
| USDCHF | 0.82973 | 0.8299 | 0.83002 | 0.82739 |
| EURCHF | 0.94394 | 0.94419 | 0.9446 | 0.94194 |
| EURJPY | 179.143 | 179.167 | 179.466 | 178.805 |
| GBPJPY | 208.261 | 208.293 | 208.644 | 207.891 |