GBPUSD Intra-day Analysis 22nd Jan. 2021
Turning Down
Our Pivot: 1.3745
Our Preference: Short sell below 1.3715 with strict stop loss of 1.3745 and profit target at 1.3680 with extension towards 1.3655.
Alternate Scenario: Upward penetration of 1.3745 will call for 1.3790 and 1.3820.
NOTE: GBP is moving downward to retest supportive trend line of its rising wedge and breakout of that line would call for a sharp bearish rally.
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 | 1.16075 | 1.16083 | 1.16251 | 1.16024 |
| USDJPY | 159.92 | 159.928 | 159.936 | 159.635 |
| GBPUSD | 1.35451 | 1.35461 | 1.35601 | 1.35376 |
| USDCHF | 0.80925 | 0.80946 | 0.81009 | 0.80656 |
| EURCHF | 0.93937 | 0.9396 | 0.94006 | 0.93795 |
| EURJPY | 185.625 | 185.644 | 185.709 | 185.42 |
| GBPJPY | 216.615 | 216.637 | 216.639 | 216.299 |