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 | 1.1789 | 1.17899 | 1.17919 | 1.17804 |
| USDJPY | 154.731 | 154.744 | 154.843 | 154.614 |
| GBPUSD | 1.3495 | 1.34966 | 1.35123 | 1.34847 |
| USDCHF | 0.77245 | 0.77264 | 0.77431 | 0.77131 |
| EURCHF | 0.91064 | 0.91096 | 0.91237 | 0.90899 |
| EURJPY | 182.422 | 182.45 | 182.51 | 182.265 |
| GBPJPY | 208.81 | 208.854 | 209.066 | 208.625 |