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 | 1.11705 | 1.11715 | 1.12663 | 1.11758 |
| USDJPY | 146.778 | 146.788 | 147.673 | 145.612 |
| GBPUSD | 1.3262 | 1.32637 | 1.33608 | 1.32698 |
| USDCHF | 0.84227 | 0.84242 | 0.84258 | 0.83232 |
| EURCHF | 0.94087 | 0.9411 | 0.94229 | 0.93733 |
| EURJPY | 163.957 | 163.984 | 165.177 | 163.725 |
| GBPJPY | 194.656 | 194.692 | 196.436 | 194.227 |