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 | 1.14158 | 1.14227 | 1.1432 | 1.13908 |
| USDJPY | 162.499 | 162.604 | 162.713 | 162.017 |
| GBPUSD | 1.33893 | 1.33944 | 1.33864 | 1.33218 |
| USDCHF | 0.80752 | 0.80866 | 0.81089 | 0.8063 |
| EURCHF | 0.92248 | 0.92441 | 0.92389 | 0.92093 |
| EURJPY | 185.531 | 185.673 | 185.724 | 184.845 |
| GBPJPY | 217.606 | 217.75 | 217.742 | 216.325 |