GBPUSD Intra-day Analysis 3rd Feb. 2021
Under Pressure
Our Pivot: 1.3710
Our Preference: Short sell below 1.3668 with strict stop loss of 1.3710 and profit target at 1.3622 with extension towards 1.3605.
Alternate Scenario: Upward penetration of 1.3710 will call for 1.3750.
NOTE: GBP have given bearish breakout of its ascending wedge in downward direction on hourly chart and now its heading downward after retesting its trend line.
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 | 1.17621 | 1.17657 | 1.17401 | 1.16573 |
| USDJPY | 158.584 | 158.651 | 159.767 | 158.851 |
| GBPUSD | 1.35102 | 1.35276 | 1.34797 | 1.33789 |
| USDCHF | 0.78135 | 0.78203 | 0.79217 | 0.78537 |
| EURCHF | 0.91916 | 0.91997 | 0.92669 | 0.9198 |
| EURJPY | 186.551 | 186.641 | 186.911 | 185.802 |
| GBPJPY | 214.296 | 214.57 | 214.615 | 213.384 |