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:
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 | 1.15683 | 1.15692 | 1.16379 | 1.15466 |
| USDJPY | 154.084 | 154.094 | 154.452 | 152.161 |
| GBPUSD | 1.31545 | 1.31556 | 1.32197 | 1.31159 |
| USDCHF | 0.8023 | 0.80245 | 0.8038 | 0.79746 |
| EURCHF | 0.92812 | 0.92836 | 0.9298 | 0.92626 |
| EURJPY | 178.264 | 178.287 | 178.829 | 176.803 |
| GBPJPY | 202.691 | 202.723 | 203.282 | 200.968 |