GBPUSD Intra-day Analysis 11th Feb. 2021
Turning Down
Our Pivot: 1.3870
Our Preference: Short sell below 1.3850 with strict stop loss of 1.3870 and profit target at 1.3825 with extension towards 1.3810.
Alternate Scenario: Upward penetration of 1.3870 will call for 1.3910.
NOTE: GBP is being trying to penetrate below an ascending trend line and momentum indicators have changed their direction towards bearish side.
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 | 1.05344 | 1.05351 | 1.05552 | 1.05237 |
| USDJPY | 154.2 | 154.214 | 155.498 | 154.154 |
| GBPUSD | 1.26316 | 1.26325 | 1.2665 | 1.26287 |
| USDCHF | 0.88271 | 0.88286 | 0.88522 | 0.882 |
| EURCHF | 0.92988 | 0.93012 | 0.93324 | 0.92981 |
| EURJPY | 162.442 | 162.467 | 163.974 | 162.37 |
| GBPJPY | 194.779 | 194.811 | 196.828 | 194.691 |