Technical analysis GBPUSD for 15.01.2024
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 below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.27520. The closest support is the level 1.26800
Key levels
- 1.28350, 1.27940, 1.27520, 1.26800, 1.26400, 1.25990
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.27520, with Take Profit of 1.27940 and Stop Loss of 1.27150
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.26800, with Take Profit of 1.26400 and Stop Loss of 1.27150
Scenario
Recommendation
BUY STOP
Entry Point
1.27520
Take Profit
1.27940
Stop Loss
1.27150
Key Levels
1.28350, 1.27940, 1.27520, 1.26800, 1.26400, 1.25990
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.26800
Take Profit
1.26400
Stop Loss
1.27150
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.