GBPUSD Intra-day Analysis 27th Jan. 2021
Turning Down
Our Pivot: 1.3760
Our Preference: Short sell below 1.3740 with strict stop loss of 1.3760 and profit target at 1.3700 with extension towards 1.3680.
Alternate Scenario: Upward penetration of 1.3760 will call for 1.3810.
NOTE: GBP is caged in an ascending wedge and after facing rejection from resistant trend line this wedge its coming down.
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 | 1.17897 | 1.17919 | 1.17804 |
| USDJPY | 154.74 | 154.752 | 154.843 | 154.614 |
| GBPUSD | 1.34947 | 1.34965 | 1.35123 | 1.34847 |
| USDCHF | 0.77248 | 0.77264 | 0.77431 | 0.77131 |
| EURCHF | 0.91061 | 0.91094 | 0.91237 | 0.90899 |
| EURJPY | 182.424 | 182.455 | 182.51 | 182.265 |
| GBPJPY | 208.814 | 208.86 | 209.066 | 208.625 |