GBPUSD Intra-day Analysis 2nd Feb. 2021
Under Pressure
Our Pivot: 1.3725
Our Preference: Short sell below 1.3692 with strict stop loss of 1.3720 and profit target at 1.3650 with extension towards 1.3630.
Alternate Scenario: Upward penetration of 1.3725 will call for 1.3760.
NOTE: GBP have given bearish breakout of its ascending wedge in downward direction on hourly chart.
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 | 1.15392 | 1.154 | 1.15483 | 1.15329 |
| USDJPY | 160.367 | 160.376 | 160.425 | 160.299 |
| GBPUSD | 1.33745 | 1.33757 | 1.33904 | 1.33619 |
| USDCHF | 0.79886 | 0.79903 | 0.79969 | 0.79725 |
| EURCHF | 0.92182 | 0.92207 | 0.92226 | 0.92055 |
| EURJPY | 185.053 | 185.078 | 185.189 | 184.965 |
| GBPJPY | 214.48 | 214.512 | 214.71 | 214.303 |