GBPUSD Intra-day Analysis 5th Mar. 2021
Under Pressure
Our Pivot: 1.3950
Our Preference: Short Sell below 1.3911 with strict stop loss of 1.3950 and profit target at 1.3855 with extension towards 1.3825.
Alternate Scenario: Upward penetration of 1.3955 will call for 1.4010.
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 | 1.04317 | 1.04324 | 1.0435 | 1.04242 |
| USDJPY | 155.593 | 155.605 | 155.64 | 155.427 |
| GBPUSD | 1.24423 | 1.24436 | 1.24507 | 1.24338 |
| USDCHF | 0.90397 | 0.90414 | 0.90519 | 0.90316 |
| EURCHF | 0.94298 | 0.94325 | 0.94419 | 0.94199 |
| EURJPY | 162.308 | 162.333 | 162.362 | 162.121 |
| GBPJPY | 193.592 | 193.63 | 193.666 | 193.379 |