Technical analysis GBPUSD for 15.06.2022
15.06.2022 08:58
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. 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 resistance is the level 1.20720. The closest support is the level 1.19630
Key levels
- 1.21580, 1.21210, 1.20720, 1.19630, 1.19070, 1.18510
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.20720, with Take Profit of 1.21210 and Stop Loss of 1.20250
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.19630, with Take Profit of 1.19070 and Stop Loss of 1.20250
Scenario
Recommendation
BUY STOP
Entry Point
1.20720
Take Profit
1.21210
Stop Loss
1.20250
Key Levels
1.21580, 1.21210, 1.20720, 1.19630, 1.19070, 1.18510
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.19630
Take Profit
1.19070
Stop Loss
1.20250