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 | 1.11693 | 1.11703 | 1.12663 | 1.11758 |
| USDJPY | 146.793 | 146.802 | 147.673 | 145.612 |
| GBPUSD | 1.32598 | 1.32613 | 1.33608 | 1.32698 |
| USDCHF | 0.84233 | 0.84248 | 0.84258 | 0.83232 |
| EURCHF | 0.94083 | 0.94108 | 0.94229 | 0.93733 |
| EURJPY | 163.959 | 163.982 | 165.177 | 163.725 |
| GBPJPY | 194.64 | 194.677 | 196.436 | 194.227 |