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 | 1.12558 | 1.12566 | 1.12642 | 1.12529 |
| USDJPY | 158.234 | 158.246 | 158.25 | 158.051 |
| GBPUSD | 1.32693 | 1.32704 | 1.3284 | 1.32575 |
| USDCHF | 0.8321 | 0.83227 | 0.83291 | 0.8307 |
| EURCHF | 0.93661 | 0.93686 | 0.93717 | 0.93451 |
| EURJPY | 178.104 | 178.135 | 178.15 | 177.918 |
| GBPJPY | 209.965 | 209.999 | 210.055 | 209.695 |