GBPUSD Intra-day Analysis 23rd Feb. 2021
Caution
Our Pivot: 1.4035
Our Preference: Buy above 1.4065 with strict stop loss of 1.4035 and profit target at 1.4102 with extension towards 1.4125.
Alternate Scenario: Downward penetration of 1.4035 will call for 1.3975.
NOTE: GBP have created a rising wedge inside its bullish price channel therefore its needs to be very cautious with long positions.
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 | 1.12557 | 1.12565 | 1.12642 | 1.12529 |
| USDJPY | 158.233 | 158.245 | 158.25 | 158.051 |
| GBPUSD | 1.32692 | 1.32705 | 1.3284 | 1.32575 |
| USDCHF | 0.83209 | 0.83227 | 0.83291 | 0.8307 |
| EURCHF | 0.9366 | 0.93685 | 0.93717 | 0.93451 |
| EURJPY | 178.102 | 178.134 | 178.15 | 177.918 |
| GBPJPY | 209.965 | 210 | 210.055 | 209.695 |