GBPUSD Intra-day Analysis 26th Jan. 2021
Downside Prevails
Our Pivot: 1.3680
Our Preference: Short sell below 1.3657 with strict stop loss of 1.3680 and profit target at 1.3625 with extension towards 1.3600.
Alternate Scenario: Upward penetration of 1.3680 will call for 1.3710 and 1.3750.
NOTE: GBP have given bearish breakout of its major supportive trend line and now its being caged in a triangle, breakout of supportive trend line of this triangle will call for expansion in downward direction.
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 | 1.11665 | 1.11673 | 1.12663 | 1.11758 |
| USDJPY | 146.848 | 146.856 | 147.673 | 145.612 |
| GBPUSD | 1.32562 | 1.32577 | 1.33608 | 1.32698 |
| USDCHF | 0.84276 | 0.84293 | 0.84258 | 0.83232 |
| EURCHF | 0.94108 | 0.94131 | 0.94229 | 0.93733 |
| EURJPY | 163.98 | 164.002 | 165.177 | 163.725 |
| GBPJPY | 194.665 | 194.688 | 196.436 | 194.227 |