GBPUSD Intra-day Analysis 23rd Feb. 2021
Caution
Our Pivot: 1.4035
Our Preference: Buy above 1.4065 with strict stop loss of 1.4035 and profit target at 1.4102 with extension towards 1.4125.
Alternate Scenario: Downward penetration of 1.4035 will call for 1.3975.
NOTE: GBP have created a rising wedge inside its bullish price channel therefore its needs to be very cautious with long positions.
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 | 1.14393 | 1.14401 | 1.14956 | 1.14045 |
| USDJPY | 143.642 | 143.649 | 143.977 | 142.529 |
| GBPUSD | 1.35769 | 1.35781 | 1.36173 | 1.35397 |
| USDCHF | 0.82015 | 0.82031 | 0.82161 | 0.8171 |
| EURCHF | 0.93825 | 0.93847 | 0.94009 | 0.93317 |
| EURJPY | 164.316 | 164.34 | 164.685 | 162.879 |
| GBPJPY | 195.02 | 195.053 | 195.51 | 193.242 |