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
EURUSD1.171631.17233 1.17546 1.16806
USDJPY144.623144.658 144.95 144.173
GBPUSD1.371641.37202 1.37534 1.36826
USDCHF0.798080.79947 0.80191 0.79567
EURCHF0.935020.93696 0.93821 0.93404
EURJPY169.421169.562 169.817 168.621
GBPJPY198.389198.629 198.828 198.009


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