Technical analysis GBPJPY for 30.11.2021
30.11.2021 10:50
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 149.900. The closest resistance is the level 151.000
Key levels
- 155.900, 154.585, 153.510, 152.350, 151.00, 149.900, 149.000
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 151.00, with Take Profit of 149.900 and Stop Loss of 151.500
Alternative scenario
- Recommended opening long positions (Buy Limit) from the level of 149.900, with Take Profit of 151.000 and Stop Loss of 149.000
Scenario
Recommendation
SELL LIMIT
Entry Point
151.00
Take Profit
149.900
Stop Loss
151.500
Key Levels
155.900, 154.585, 153.510, 152.350, 151.00, 149.900, 149.000
Alternative scenario
Recommendation
BUY LIMIT
Entry Point
149.900
Take Profit
151.000
Stop Loss
149.000