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 | 1.13885 | 1.13894 | 1.13951 | 1.13819 |
| USDJPY | 163.803 | 163.813 | 163.887 | 163.729 |
| GBPUSD | 1.32904 | 1.32915 | 1.33018 | 1.32764 |
| USDCHF | 0.81931 | 0.81948 | 0.82011 | 0.81747 |
| EURCHF | 0.93308 | 0.93332 | 0.93343 | 0.93179 |
| EURJPY | 186.549 | 186.572 | 186.709 | 186.451 |
| GBPJPY | 217.702 | 217.725 | 217.886 | 217.481 |