GBPUSD Intra-day Analysis 27th Jan. 2021
Turning Down
Our Pivot: 1.3760
Our Preference: Short sell below 1.3740 with strict stop loss of 1.3760 and profit target at 1.3700 with extension towards 1.3680.
Alternate Scenario: Upward penetration of 1.3760 will call for 1.3810.
NOTE: GBP is caged in an ascending wedge and after facing rejection from resistant trend line this wedge its coming down.
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 | 1.1567 | 1.15679 | 1.16379 | 1.15466 |
| USDJPY | 154.11 | 154.122 | 154.452 | 152.161 |
| GBPUSD | 1.31524 | 1.31534 | 1.32197 | 1.31159 |
| USDCHF | 0.8023 | 0.80246 | 0.8038 | 0.79746 |
| EURCHF | 0.92803 | 0.92827 | 0.9298 | 0.92626 |
| EURJPY | 178.276 | 178.301 | 178.829 | 176.803 |
| GBPJPY | 202.697 | 202.725 | 203.282 | 200.968 |