Technical analysis GBPUSD for 15.06.2023
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.26730. The closest support is the level 1.26150
Key levels
- 1.26980, 1.26730, 1.26150, 1.25790, 1.25350
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.26730, with Take Profit of 1.26980 and Stop Loss of 1.26440
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.26150, with Take Profit of 1.25790 and Stop Loss of 1.26440
Scenario
Recommendation
BUY STOP
Entry Point
1.26730
Take Profit
1.26980
Stop Loss
1.26440
Key Levels
1.26980, 1.26730, 1.26150, 1.25790, 1.25350
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.26150
Take Profit
1.25790
Stop Loss
1.26440
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.