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 | 1.13764 | 1.13773 | 1.13887 | 1.13731 |
| USDJPY | 157.471 | 157.48 | 157.691 | 157.18 |
| GBPUSD | 1.32258 | 1.3227 | 1.32459 | 1.32179 |
| USDCHF | 0.82971 | 0.82988 | 0.83002 | 0.82739 |
| EURCHF | 0.94392 | 0.94418 | 0.9446 | 0.94194 |
| EURJPY | 179.142 | 179.17 | 179.466 | 178.805 |
| GBPJPY | 208.273 | 208.301 | 208.644 | 207.891 |