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 | 1.14386 | 1.14394 | 1.14956 | 1.14045 |
| USDJPY | 143.661 | 143.669 | 143.977 | 142.529 |
| GBPUSD | 1.35758 | 1.35771 | 1.36173 | 1.35397 |
| USDCHF | 0.82023 | 0.82039 | 0.82161 | 0.8171 |
| EURCHF | 0.93827 | 0.93849 | 0.94009 | 0.93317 |
| EURJPY | 164.326 | 164.351 | 164.685 | 162.879 |
| GBPJPY | 195.03 | 195.06 | 195.51 | 193.242 |