GBPUSD Intra-day Analysis 23rd Feb. 2021
Caution
Our Pivot: 1.4035
Our Preference: Buy above 1.4065 with strict stop loss of 1.4035 and profit target at 1.4102 with extension towards 1.4125.
Alternate Scenario: Downward penetration of 1.4035 will call for 1.3975.
NOTE: GBP have created a rising wedge inside its bullish price channel therefore its needs to be very cautious with long positions.
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 | 1.05179 | 1.05186 | 1.05552 | 1.05133 |
| USDJPY | 154.222 | 154.233 | 155.498 | 154.08 |
| GBPUSD | 1.26302 | 1.26313 | 1.2665 | 1.26226 |
| USDCHF | 0.88373 | 0.8839 | 0.88522 | 0.882 |
| EURCHF | 0.92949 | 0.92972 | 0.93324 | 0.9283 |
| EURJPY | 162.209 | 162.231 | 163.974 | 162.054 |
| GBPJPY | 194.783 | 194.815 | 196.828 | 194.522 |