Technical analysis GBPUSD for 28.06.2022

28.06.2022 09:04
Intraday
Technical

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom 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 1.23150. The closest support is the level 1.22170

Key levels

  • 1.24870, 1.23810, 1.23150, 1.22170, 1.21560, 1.20870

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.23150, with Take Profit of 1.23810 and Stop Loss of 1.22600

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.22170, with Take Profit of 1.21560 and Stop Loss of 1.22600
Scenario
Recommendation
BUY STOP

Entry Point
1.23150

Take Profit
1.23810

Stop Loss
1.22600

Key Levels
1.24870, 1.23810, 1.23150, 1.22170, 1.21560, 1.20870
Alternative scenario
Recommendation
SELL STOP

Entry Point
1.22170

Take Profit
1.21560

Stop Loss
1.22600