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 | 1.16273 | 1.16282 | 1.16362 | 1.16035 |
| USDJPY | 154.576 | 154.587 | 156.29 | 154.052 |
| GBPUSD | 1.35372 | 1.35381 | 1.35456 | 1.3505 |
| USDCHF | 0.80894 | 0.8091 | 0.81107 | 0.80838 |
| EURCHF | 0.9406 | 0.94082 | 0.94184 | 0.93973 |
| EURJPY | 179.73 | 179.751 | 181.483 | 179.211 |
| GBPJPY | 209.251 | 209.278 | 211.25 | 208.629 |