GBPUSD Intra-day Analysis 4th Mar. 2021
Under Pressure
Our Pivot: 1.4010
Our Preference: Short Sell below 1.3965 with strict stop loss of 1.4010 and profit target at 1.3900 with extension towards 1.3870.
Alternate Scenario: Upward penetration of 1.4010 will call for 1.4060.
NOTE: GBP is being capped by a descending 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 | 1.05189 | 1.05196 | 1.05552 | 1.05133 |
| USDJPY | 154.232 | 154.243 | 155.498 | 154.08 |
| GBPUSD | 1.26295 | 1.26308 | 1.2665 | 1.26226 |
| USDCHF | 0.88372 | 0.88388 | 0.88522 | 0.882 |
| EURCHF | 0.92959 | 0.92982 | 0.93324 | 0.9283 |
| EURJPY | 162.237 | 162.258 | 163.974 | 162.054 |
| GBPJPY | 194.789 | 194.822 | 196.828 | 194.522 |