GBPUSD Intra-day Analysis 26th Jan. 2021

• 2021-01-26 21:11:34
• 28 Comments
• 170 Views
• Forex
• Maier Noor

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:

RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3

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