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 | 1.16939 | 1.16947 | 1.17092 | 1.16504 |
| USDJPY | 147.033 | 147.041 | 147.411 | 146.756 |
| GBPUSD | 1.35062 | 1.35075 | 1.35215 | 1.3446 |
| USDCHF | 0.80024 | 0.80039 | 0.80375 | 0.7985 |
| EURCHF | 0.93579 | 0.93603 | 0.93809 | 0.93398 |
| EURJPY | 171.936 | 171.962 | 172.024 | 171.231 |
| GBPJPY | 198.589 | 198.611 | 198.684 | 197.934 |