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 | 1.13816 | 1.13855 | 1.13868 | 1.13739 |
| USDJPY | 157.299 | 157.386 | 157.403 | 157.18 |
| GBPUSD | 1.3234 | 1.32411 | 1.32459 | 1.32179 |
| USDCHF | 0.82745 | 0.82945 | 0.8297 | 0.82759 |
| EURCHF | 0.94194 | 0.94431 | 0.94575 | 0.94058 |
| EURJPY | 179.038 | 179.181 | 179.192 | 178.805 |
| GBPJPY | 208.188 | 208.389 | 208.43 | 207.891 |