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 | 1.14428 | 1.14436 | 1.14956 | 1.14045 |
| USDJPY | 143.685 | 143.693 | 143.977 | 142.529 |
| GBPUSD | 1.35849 | 1.35863 | 1.36173 | 1.35397 |
| USDCHF | 0.81994 | 0.82014 | 0.82161 | 0.8171 |
| EURCHF | 0.93832 | 0.93856 | 0.94009 | 0.93317 |
| EURJPY | 164.412 | 164.434 | 164.685 | 162.879 |
| GBPJPY | 195.2 | 195.229 | 195.51 | 193.242 |