Technical analysis GBPUSD for 15.02.2022

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ready to roll over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.35050. The closest resistance is the level 1.35525

Key levels

• 1.37225, 1.36800, 1.36400, 1.36000, 1.35525, 1.35050, 1.34550, 1.33600

Trading scenario

• Recommended opening short positions (Sell Limit) from the level of 1.35525, with Take Profit of 1.35050 and Stop Loss of 1.36000

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 1.36000, with Take Profit of 1.36400 and Stop Loss of 1.35815