Technical analysis GBPUSD for 07.02.2022
07.02.2022 11:33
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the top of the cloud. The closest resistance is the level 1.3555
Key levels
- 1.3745, 1.3655, 1.3600, 1.3555, 1.3505, 1.3450, 1.3450, 1.3360, 1.3275
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1.3505, with Take Profit of 1.3600 and Stop Loss of 1.3450
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 1.3600, with Take Profit of 1.3555 and Stop Loss of 1.3655
Scenario
Recommendation
BUY LIMIT
Entry Point
1.3505
Take Profit
1.3600
Stop Loss
1.3450
Key Levels
1.3745, 1.3655, 1.3600, 1.3555, 1.3505, 1.3450, 1.3360, 1.3275
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
1.3600
Take Profit
1.3555
Stop Loss
1.3655