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 | 1.16321 | 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 | 0.78731 | 0.78851 | 0.78434 |
| EURCHF | 0.91561 | 0.91586 | 0.91625 | 0.91381 |
| EURJPY | 186.002 | 186.028 | 186.219 | 185.577 |
| GBPJPY | 215.383 | 215.41 | 215.542 | 214.636 |