GBPUSD Intra-day Analysis 3rd May 2021
Under Pressure
Our Pivot: 1.3860
Our Preference: Short sell below 1.3830 with strict stop loss of 1.3860 and profit target at 1.3795 with extension towards 1.3765.
Alternate Scenario: Upward penetration of 1.3860 will call for 1.3900.
NOTE: GBP is being capped by a strong horizontal resistant region.
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 | 1.15362 | 1.15371 | 1.15483 | 1.15346 |
| USDJPY | 160.4 | 160.408 | 160.41 | 160.299 |
| GBPUSD | 1.3371 | 1.33724 | 1.33904 | 1.33619 |
| USDCHF | 0.79891 | 0.79909 | 0.79969 | 0.79725 |
| EURCHF | 0.92165 | 0.92191 | 0.92226 | 0.92055 |
| EURJPY | 185.039 | 185.064 | 185.189 | 184.966 |
| GBPJPY | 214.471 | 214.502 | 214.71 | 214.303 |