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 | 1.16278 | 1.16287 | 1.16362 | 1.16035 |
| USDJPY | 154.542 | 154.554 | 156.29 | 154.052 |
| GBPUSD | 1.35376 | 1.35386 | 1.35456 | 1.3505 |
| USDCHF | 0.80885 | 0.809 | 0.81107 | 0.80838 |
| EURCHF | 0.94054 | 0.94077 | 0.94184 | 0.93973 |
| EURJPY | 179.701 | 179.722 | 181.483 | 179.211 |
| GBPJPY | 209.218 | 209.24 | 211.25 | 208.629 |