GBPUSD Intra-day Analysis 28th Jan. 2021

Under Pressure

Our Pivot: 1.3745

Our Preference: Short sell below 1.3695with strict stop loss of 1.3745 and profit target at 1.3634 with extension towards 1.3610.

Alternate Scenario: Upward penetration of 1.3745 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:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.171631.17233 1.17546 1.16806
USDJPY144.623144.658 144.95 144.173
GBPUSD1.371641.37202 1.37534 1.36826
USDCHF0.798080.79947 0.80191 0.79567
EURCHF0.935020.93696 0.93821 0.93404
EURJPY169.421169.562 169.817 168.621
GBPJPY198.389198.629 198.828 198.009


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