GBPUSD Intra-day Analysis 23rd Feb. 2021
Caution
Our Pivot: 1.4035
Our Preference: Buy above 1.4065 with strict stop loss of 1.4035 and profit target at 1.4102 with extension towards 1.4125.
Alternate Scenario: Downward penetration of 1.4035 will call for 1.3975.
NOTE: GBP have created a rising wedge inside its bullish price channel therefore its needs to be very cautious with long positions.
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 | 1.179 | 1.17919 | 1.17804 |
| USDJPY | 154.731 | 154.744 | 154.843 | 154.614 |
| GBPUSD | 1.3495 | 1.34966 | 1.35123 | 1.34847 |
| USDCHF | 0.77246 | 0.77264 | 0.77431 | 0.77131 |
| EURCHF | 0.91065 | 0.91096 | 0.91237 | 0.90899 |
| EURJPY | 182.421 | 182.454 | 182.51 | 182.265 |
| GBPJPY | 208.81 | 208.854 | 209.066 | 208.625 |