GBPUSD Intra-day Analysis 26th Jan. 2021
Downside Prevails
Our Pivot: 1.3680
Our Preference: Short sell below 1.3657 with strict stop loss of 1.3680 and profit target at 1.3625 with extension towards 1.3600.
Alternate Scenario: Upward penetration of 1.3680 will call for 1.3710 and 1.3750.
NOTE: GBP have given bearish breakout of its major supportive trend line and now its being caged in a triangle, breakout of supportive trend line of this triangle will call for expansion in downward direction.
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 | 1.17889 | 1.17899 | 1.17919 | 1.17804 |
| USDJPY | 154.734 | 154.748 | 154.843 | 154.614 |
| GBPUSD | 1.34948 | 1.34965 | 1.35123 | 1.34847 |
| USDCHF | 0.77247 | 0.77266 | 0.77431 | 0.77131 |
| EURCHF | 0.91065 | 0.91095 | 0.91237 | 0.90899 |
| EURJPY | 182.421 | 182.452 | 182.51 | 182.265 |
| GBPJPY | 208.812 | 208.855 | 209.066 | 208.625 |