GBPUSD Intra-day Analysis 1st Feb. 2021
Further Advance
Our Pivot: 1.3690
Our Preference: Buy above 1.3723 with strict stop loss of 1.3690 and profit target at 1.3760 with extension towards 1.3780.
Alternate Scenario: Downward penetration of 1.3690 will call for 1.3657.
NOTE: GBP is caged in an ascending wedge and its moving towards expansion of its bullish correction.
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 | 1.15392 | 1.154 | 1.15483 | 1.15329 |
| USDJPY | 160.366 | 160.376 | 160.425 | 160.299 |
| GBPUSD | 1.3375 | 1.3376 | 1.33904 | 1.33619 |
| USDCHF | 0.79884 | 0.799 | 0.79969 | 0.79725 |
| EURCHF | 0.92181 | 0.92204 | 0.92226 | 0.92055 |
| EURJPY | 185.054 | 185.08 | 185.189 | 184.965 |
| GBPJPY | 214.489 | 214.528 | 214.71 | 214.303 |