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 | 1.1632 | 1.16329 | 1.16558 | 1.16131 |
| USDJPY | 159.905 | 159.915 | 159.951 | 159.566 |
| GBPUSD | 1.34692 | 1.34702 | 1.34823 | 1.34456 |
| USDCHF | 0.78715 | 0.78729 | 0.78851 | 0.78434 |
| EURCHF | 0.91561 | 0.91585 | 0.91625 | 0.91381 |
| EURJPY | 186.002 | 186.031 | 186.219 | 185.577 |
| GBPJPY | 215.383 | 215.409 | 215.542 | 214.636 |