GBPUSD Intra-day Analysis 23rd Feb. 2021
Caution
Our Pivot: 1.4035
Our Preference: Buy above 1.4065 with strict stop loss of 1.4035 and profit target at 1.4102 with extension towards 1.4125.
Alternate Scenario: Downward penetration of 1.4035 will call for 1.3975.
NOTE: GBP have created a rising wedge inside its bullish price channel therefore its needs to be very cautious with long positions.
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 | 1.17621 | 1.17657 | 1.17401 | 1.16573 |
| USDJPY | 158.584 | 158.651 | 159.767 | 158.851 |
| GBPUSD | 1.35102 | 1.35276 | 1.34797 | 1.33789 |
| USDCHF | 0.78135 | 0.78203 | 0.79217 | 0.78537 |
| EURCHF | 0.91916 | 0.91997 | 0.92669 | 0.9198 |
| EURJPY | 186.551 | 186.641 | 186.911 | 185.802 |
| GBPJPY | 214.296 | 214.57 | 214.615 | 213.384 |