GBPUSD Intra-day Analysis 26th Jan. 2021
Downside Prevails
Our Pivot: 1.3680
Our Preference: Short sell below 1.3657 with strict stop loss of 1.3680 and profit target at 1.3625 with extension towards 1.3600.
Alternate Scenario: Upward penetration of 1.3680 will call for 1.3710 and 1.3750.
NOTE: GBP have given bearish breakout of its major supportive trend line and now its being caged in a triangle, breakout of supportive trend line of this triangle will call for expansion in downward direction.
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 | 1.17032 | 1.17039 | 1.17449 | 1.16526 |
| USDJPY | 144.4 | 144.408 | 145.298 | 143.751 |
| GBPUSD | 1.37145 | 1.37155 | 1.37658 | 1.36513 |
| USDCHF | 0.80051 | 0.80068 | 0.80618 | 0.79799 |
| EURCHF | 0.93685 | 0.93708 | 0.94031 | 0.93632 |
| EURJPY | 168.99 | 169.01 | 169.419 | 168.549 |
| GBPJPY | 198.035 | 198.057 | 198.62 | 197.69 |