Technical analysis GBPUSD for 15.04.2022

15.04.2022 08:52
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 ready to roll over from descending to ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1.3070. The closest resistance is the level 1.3000

Key levels

  • 1.3300, 1.3230, 1.3150, 1.3070, 1.3000, 1.2880

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 1.3000 and Stop Loss of 1.3080

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.3150, with Take Profit of 1.3230 and Stop Loss of 1.3050
Scenario
Recommendation
SELL

Entry Point

Take Profit
1.3000

Stop Loss
1.3080

Key Levels
1.3300, 1.3230, 1.3150, 1.3070, 1.3000, 1.2880
Alternative scenario
Recommendation
BUY STOP

Entry Point
1.3150

Take Profit
1.3230

Stop Loss
1.3050