Technical analysis EURGBP for 30.05.2022
30.05.2022 09:28
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level . The closest support is the top of the cloud
Key levels
- 0.85620, 0.85460, 0.85240, 0.84950, 0.84800, 0.84680
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.85240, with Take Profit of 0.85460 and Stop Loss of 0.85000
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.84950, with Take Profit of 0.84800 and Stop Loss of 0.85000
Scenario
Recommendation
BUY STOP
Entry Point
0.85240
Take Profit
0.85460
Stop Loss
0.85000
Key Levels
0.85620, 0.85460, 0.85240, 0.84950, 0.84800, 0.84680
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.84950
Take Profit
0.84800
Stop Loss
0.85000