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 | 1.13886 | 1.13893 | 1.13951 | 1.13819 |
| USDJPY | 163.803 | 163.812 | 163.887 | 163.729 |
| GBPUSD | 1.32905 | 1.32915 | 1.33018 | 1.32764 |
| USDCHF | 0.81926 | 0.81946 | 0.82011 | 0.81747 |
| EURCHF | 0.93305 | 0.93329 | 0.93343 | 0.93179 |
| EURJPY | 186.548 | 186.57 | 186.709 | 186.451 |
| GBPJPY | 217.704 | 217.726 | 217.886 | 217.481 |