GBPUSD Intra-day Analysis 28th Jan. 2021
Under Pressure
Our Pivot: 1.3745
Our Preference: Short sell below 1.3695with strict stop loss of 1.3745 and profit target at 1.3634 with extension towards 1.3610.
Alternate Scenario: Upward penetration of 1.3745 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 | 1.17009 | 1.17016 | 1.17449 | 1.16526 |
| USDJPY | 144.43 | 144.438 | 145.298 | 143.751 |
| GBPUSD | 1.37117 | 1.37127 | 1.37658 | 1.36513 |
| USDCHF | 0.8007 | 0.80089 | 0.80618 | 0.79799 |
| EURCHF | 0.9369 | 0.93714 | 0.94031 | 0.93632 |
| EURJPY | 168.998 | 169.018 | 169.419 | 168.549 |
| GBPJPY | 198.033 | 198.064 | 198.62 | 197.69 |