GBPUSD Intra-day Analysis 1st Feb. 2021

Further Advance

Our Pivot: 1.3690

Our Preference: Buy above 1.3723 with strict stop loss of 1.3690 and profit target at 1.3760 with extension towards 1.3780.

Alternate Scenario: Downward penetration of 1.3690 will call for 1.3657.

NOTE: GBP is caged in an ascending wedge and its moving towards expansion of its bullish correction.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.052051.05213 1.05552 1.05136
USDJPY154.152154.164 155.498 154.08
GBPUSD1.262761.26288 1.2665 1.26226
USDCHF0.883040.88325 0.88522 0.882
EURCHF0.929020.92928 0.93324 0.9283
EURJPY162.179162.197 163.974 162.054
GBPJPY194.658194.688 196.828 194.522


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