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 | 1.16311 | 1.16341 | 1.16362 | 1.16256 |
| USDJPY | 159.899 | 159.965 | 159.966 | 159.827 |
| GBPUSD | 1.34576 | 1.34722 | 1.34769 | 1.34546 |
| USDCHF | 0.78647 | 0.78751 | 0.78872 | 0.78585 |
| EURCHF | 0.91516 | 0.91586 | 0.91656 | 0.91474 |
| EURJPY | 185.997 | 186.089 | 186.089 | 185.846 |
| GBPJPY | 215.248 | 215.459 | 215.48 | 215.159 |