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 | 1.16317 | 1.16325 | 1.16558 | 1.16131 |
| USDJPY | 159.917 | 159.925 | 159.951 | 159.566 |
| GBPUSD | 1.34689 | 1.347 | 1.34823 | 1.34456 |
| USDCHF | 0.78719 | 0.78733 | 0.78851 | 0.78434 |
| EURCHF | 0.91563 | 0.91586 | 0.91625 | 0.91381 |
| EURJPY | 186.008 | 186.031 | 186.219 | 185.577 |
| GBPJPY | 215.391 | 215.416 | 215.542 | 214.636 |