Technical analysis GBPUSD for 22.12.2021
22.12.2021 10:36
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1.3265. The closest resistance is the level 1.3288
Key levels
- 1.3370, 1.3320, 1.3288, 1.3265, 1.3242, 1.3210, 1.3186, 1.3210, 1.3186, 1.3161,1.3135
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 1.3288, with Take Profit of 1.3242 and Stop Loss of 1.3300
Alternative scenario
- Recommended opening long positions (Buy Limit) from the level of 1.3210, with Take Profit of 1.3265 and Stop Loss of 1.3186
Scenario
Recommendation
SELL LIMIT
Entry Point
1.3288
Take Profit
1.3242
Stop Loss
1.3300
Key Levels
1.3370, 1.3320, 1.3288, 1.3265, 1.3242, 1.3210, 1.3186, 1.3210, 1.3186, 1.3161,1.3135
Alternative scenario
Recommendation
BUY LIMIT
Entry Point
1.3210
Take Profit
1.3265
Stop Loss
1.3186