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FX.co ★ GBP/USD Intraday High and Low Projection For March 04, 2020

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Forex Analysis:::2020-03-04T03:47:47

GBP/USD Intraday High and Low Projection For March 04, 2020

GBP/USD Intraday High and Low Projection For March 04, 2020

The High Of The Day and Low Of The Day from the Central Bank Dealer Range (CBDR) today are usually formed at STDV 2-STDV 4 under normal market conditions, but sometimes the quote can reach the STDV 5-STDV 6. Here are the levels for today:

STDV 10 - 1.3090.

STDV 9 - 1.3064.

STDV 8 - 1.3038.

STDV 7 - 1.3012.

STDV 6 - 1.2986.

STDV 5 - 1.2960.

STDV 4 - 1.2934.

STDV 3 - 1.2908.

STDV 2 - 1.2882.

STDV 1 - 1.2856.

CBDR - 1.2830.

==================

CBDR - 1.2804.

STDV 1 - 1.2778.

STDV 2 - 1.2752.

STDV 3 - 1.2726.

STDV 4 - 1.2700.

STDV 5 - 1.2674.

STDV 6 - 1.2648.

STDV 7 - 1.2622.

STDV 8 - 1.2596.

STDV 9 - 1.2570.

STDV 10 - 1.2544.

Pay attention to the level of confluence between today's & yesterday's range between 1,3064 and 1.2596 as well as the previous Day High of 1.2843 with the Previous Day Low of 1.2740. All these levels can be a potential turning point.

Disclaimer: Trading Forex on margin carries a high level of risk, and may not be suitable for all traders or investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Analyst InstaForex
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