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 | 1.1376 | 1.13769 | 1.13887 | 1.13731 |
| USDJPY | 157.493 | 157.501 | 157.691 | 157.18 |
| GBPUSD | 1.32253 | 1.32266 | 1.32459 | 1.32179 |
| USDCHF | 0.82976 | 0.8299 | 0.83002 | 0.82739 |
| EURCHF | 0.94392 | 0.94418 | 0.9446 | 0.94194 |
| EURJPY | 179.165 | 179.192 | 179.466 | 178.805 |
| GBPJPY | 208.288 | 208.321 | 208.644 | 207.891 |