GBPUSD Intra-day Analysis 27th Jan. 2021
Turning Down
Our Pivot: 1.3760
Our Preference: Short sell below 1.3740 with strict stop loss of 1.3760 and profit target at 1.3700 with extension towards 1.3680.
Alternate Scenario: Upward penetration of 1.3760 will call for 1.3810.
NOTE: GBP is caged in an ascending wedge and after facing rejection from resistant trend line this wedge its coming down.
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 | 1.17008 | 1.17016 | 1.17449 | 1.16526 |
| USDJPY | 144.405 | 144.413 | 145.298 | 143.751 |
| GBPUSD | 1.37115 | 1.3713 | 1.37658 | 1.36513 |
| USDCHF | 0.80056 | 0.80075 | 0.80618 | 0.79799 |
| EURCHF | 0.93674 | 0.93698 | 0.94031 | 0.93632 |
| EURJPY | 168.966 | 168.987 | 169.419 | 168.549 |
| GBPJPY | 197.996 | 198.026 | 198.62 | 197.69 |