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 | 1.16077 | 1.16085 | 1.16251 | 1.16024 |
| USDJPY | 159.918 | 159.926 | 159.936 | 159.635 |
| GBPUSD | 1.35453 | 1.35462 | 1.35601 | 1.35376 |
| USDCHF | 0.8092 | 0.80941 | 0.81009 | 0.80656 |
| EURCHF | 0.93932 | 0.93956 | 0.94006 | 0.93795 |
| EURJPY | 185.627 | 185.646 | 185.709 | 185.42 |
| GBPJPY | 216.616 | 216.637 | 216.639 | 216.299 |