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 | 1.17163 | 1.17233 | 1.17546 | 1.16806 |
| USDJPY | 144.623 | 144.658 | 144.95 | 144.173 |
| GBPUSD | 1.37164 | 1.37202 | 1.37534 | 1.36826 |
| USDCHF | 0.79808 | 0.79947 | 0.80191 | 0.79567 |
| EURCHF | 0.93502 | 0.93696 | 0.93821 | 0.93404 |
| EURJPY | 169.421 | 169.562 | 169.817 | 168.621 |
| GBPJPY | 198.389 | 198.629 | 198.828 | 198.009 |