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 | 1.15767 | 1.15775 | 1.15866 | 1.15663 |
| USDJPY | 159.654 | 159.662 | 159.785 | 159.308 |
| GBPUSD | 1.3535 | 1.3536 | 1.35596 | 1.35191 |
| USDCHF | 0.81242 | 0.81257 | 0.81285 | 0.80947 |
| EURCHF | 0.94052 | 0.94077 | 0.9408 | 0.93756 |
| EURJPY | 184.823 | 184.848 | 184.921 | 184.43 |
| GBPJPY | 216.093 | 216.118 | 216.238 | 215.756 |