GBPUSD Intra-day Analysis 22nd Jan. 2021
Turning Down
Our Pivot: 1.3745
Our Preference: Short sell below 1.3715 with strict stop loss of 1.3745 and profit target at 1.3680 with extension towards 1.3655.
Alternate Scenario: Upward penetration of 1.3745 will call for 1.3790 and 1.3820.
NOTE: GBP is moving downward to retest supportive trend line of its rising wedge and breakout of that line would call for a sharp bearish rally.
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 | 1.15684 | 1.15692 | 1.16379 | 1.15466 |
| USDJPY | 154.083 | 154.095 | 154.452 | 152.161 |
| GBPUSD | 1.31546 | 1.31558 | 1.32197 | 1.31159 |
| USDCHF | 0.80234 | 0.80249 | 0.8038 | 0.79746 |
| EURCHF | 0.92817 | 0.92842 | 0.9298 | 0.92626 |
| EURJPY | 178.266 | 178.294 | 178.829 | 176.803 |
| GBPJPY | 202.7 | 202.727 | 203.282 | 200.968 |