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 | 1.1695 | 1.16958 | 1.17092 | 1.16504 |
| USDJPY | 147.015 | 147.023 | 147.411 | 146.756 |
| GBPUSD | 1.35075 | 1.35088 | 1.35215 | 1.3446 |
| USDCHF | 0.80011 | 0.8003 | 0.80375 | 0.7985 |
| EURCHF | 0.93573 | 0.93599 | 0.93809 | 0.93398 |
| EURJPY | 171.932 | 171.961 | 172.024 | 171.231 |
| GBPJPY | 198.582 | 198.607 | 198.684 | 197.934 |