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 | 1.05378 | 1.05384 | 1.05552 | 1.05237 |
| USDJPY | 154.393 | 154.406 | 155.498 | 154.375 |
| GBPUSD | 1.26369 | 1.26377 | 1.2665 | 1.26314 |
| USDCHF | 0.88294 | 0.88314 | 0.88522 | 0.882 |
| EURCHF | 0.93044 | 0.93066 | 0.93324 | 0.92982 |
| EURJPY | 162.698 | 162.722 | 163.974 | 162.553 |
| GBPJPY | 195.109 | 195.134 | 196.828 | 195.08 |